Matter 15 June 2021

Parcom and founders sell majority stake in GoodHabitz to Prosus

De Brauw advised Parcom and GoodHabitz's founders on the sale of a majority stake in GoodHabitz to Prosus. GoodHabitz is a fast-growing provider of online-training for the corporate market with eight offices throughout Europe.
Matter 10 June 2021

IMCD acquires Shanghai Yuanhe Chemicals in China

De Brauw assisted IMCD in its acquisition of Shanghai Yuanhe Chemicals in China. Shanghai Yuanhe is a specialty coatings, textile and ink solution distributor in China. The acquisition is a strategic move of IMCD into the Chinese coatings market, complementing IMCD's sustainability ambition of its global Coatings & Construction Business Group.The transaction is announced and completed in June 2021.
Matter 10 June 2021

Kloosterboer Group acquired by Lineage Logistics

De Brauw assisted the Kloosterboer family on the sale of Kloosterboer Group to Lineage Logistics. Lineage Logistics, one of the world’s leading and most innovative temperature-controlled industrial REIT and logistics solution providers, reached agreement to acquire the Dutch family-owned Kloosterboer Group, a leading independent integrated platform for temperature-controlled storage, logistics and value-added services in Europe.The Kloosterboer family will continue to be involved in the Kloosterboer Group, becoming investors in Lineage and rolling a part of their sale proceeds into Lineage equity.The transaction is subject to regulatory clearance and completion of the employee consultation process.
Matter 8 June 2021

Primavera Capital acquires Mead Johnson Business from Reckitt Benckiser Group

De Brauw assists Primavera Capital Group ("Primavera") in the acquisition of the infant formula and child nutrition business of Mead Johnson Nutrition Company ("Mead Johnson") in China from Reckitt Benckiser Group plc ("Reckitt") for an implied enterprise value of USD 2.2 billion. Reckitt will retain an 8% shareholding. Primavera and Reckitt have signed a definitive agreement to acquire Mead Johnson's Greater China infant formula and child nutrition business, including a manufacturing plant in Nijmegen, the Netherlands. Mead Johnson is a global leading infant formula and nutrition company. This acquisition is another milestone for Primavera in the consumer industry. Going forward, Primavera will fully support Mead Johnson's growth, through innovation, operational improvement, channel optimization, and digital transformation, to further enhance its positioning and growth prospects in China's infant nutrition market.Completion is, amongst other things, subject to works council consultation in the Netherlands. Subject to completing the works council consultation and the satisfaction of customary closing conditions, completion is expected in the second half of 2021.
Matter 31 May 2021

Disney's launch of Disney+ channel

De Brauw Blackstone Westbroek advises Disney on all issues relating to its distribution of content (online) on the new Disney+ channel.
Matter 29 May 2021

Technip Energies issues EUR 600 million senior notes

De Brauw advised Technip Energies on the issue of EUR 600,000,000 1.125% senior unsecured notes due 2028. The offering of the Notes was more than three times oversubscribed among a large European investor base. Technip Energies intends to use the net proceeds from the offering of the Notes for general corporate purposes, including the refinancing of a €650,000,000 bridge facility made available to Technip Energies in connection with the spin-off of Technip Energies from TechnipFMC plc, which was completed on 16 February, 2021. The Notes are listed on the regulated market of Euronext Paris.
Matter 20 May 2021

Novo Nordisk sets up EUR 5 billion EMTN programme

De Brauw advised Novo Nordisk on the establishment of its and its wholly-owned subsidiary Novo Nordisk Finance (Netherlands) B.V.'s EUR 5 billion EMTN programme. The EMTN programme provides a framework for issuance of senior unsecured notes up to an aggregated principal amount of EUR 5 billion.
Matter 9 April 2021

Ørsted brings in Norges Bank Investment Management as a partner in Borssele 1 & 2

De Brauw's multi-disciplinary energy group, together with Slaughter and May, assisted Danish developer Ørsted in the sale of 50% of its ownership share of the 752 MW Borssele 1 & 2 offshore wind farm to Norges Bank Investment Management (NBIM). De Brauw's team provided Ørsted with extensive support on a wide range of topics. Signing took place on 7 April 2021, closing is expected around summer 2021. The total value of the transaction is approx. EUR 1,375 billion.
Matter 26 March 2021

ICT Group and a consortium led by NPM Capital agree on recommended public offer

De Brauw has assisted ICT Group on reaching an agreement with a consortium led by NPM Capital on a recommended full public offer of EUR 14.50 (cum dividend) in cash per issued and outstanding ordinary share of ICT Group, following a competitive bidding process. The public offer for ICT Group represents an equity value of approximately EUR 140.6 million. More information can be found in the press release.
Matter 13 January 2021

PME sells interest in PVF Zakelijk Hypothekenfonds to RNHB B.V.

De Brauw has advised on the sale of the EUR 900 million mortgage loan portfolio of PVF Zakelijke Hypotheekfonds.
Matter 29 December 2020

Waterland Private Equity Investments closes its eighth institutional fund at EUR 2.5 billion

De Brauw Blackstone Westbroek advised Waterland Private Equity Investments on the set-up and closing of its eighth institutional fund, WPEF VIII, at EUR 2.5 billion. Waterland Private Equity Investments closed its fund at the hard cap three months after its initial launch. WPEF VIII was considerably oversubscribed with demand significantly exceeding the fundraising target, attributable to continued strong support from existing investors combined with significant interest from new investors. De Brauw was involved as Dutch regulatory and legal counsel. Core team: Kees Groffen, Mariska Enzerink, Birgit Snijder-Kuipers and Daan Gieben.
Matter 23 December 2020

BAM and PGGM extend PPP partnership

De Brauw has advised Royal BAM Group on the sale of 50% of the sares in BAM PPP Concessies B.V. to PGGM Infrastructure Fund.