Matter 7 December 2022

Royal Schiphol Group sells Aeroports de Paris stake in ABB

De Brauw has advised Royal Schiphol Group N.V. on the sale of its stake in the French airport group Aéroports de Paris.On 6 December 2022, Royal Schiphol Group N.V. ("RSG") announced the successful sale of its remaining 3.9% stake in Aéroports de Paris S.A. ("ADP"). The transaction was conducted through an accelerated bookbuilding process, at a price of EUR 133 per share, representing a total transaction value of more than EUR 500m. This transaction completes the sale of RSG's 8% stake in ADP, following two block trades completed in November 2022.
Matter 2 December 2022

Egeria has signed an agreement to sell its majority stake in Dutch IT services provider ilionx

De Brauw advised Egeria on the divestment of its majority stake in ilionx to FSN Capital. Egeria and the other shareholders agreed to sell 100% in ilionx, which is a leading Dutch IT services provider focused on customers in regulated industries and the public sector. Headquartered in Utrecht, ilionx has over 1,200 employees across thirteen locations in the Netherlands and offers digital strategy, cloud-oriented application development, data & AI solutions, hyperautomation services and managed services to organisations that are fundamental to the Dutch economy and for the people in the Netherlands. ilionx was founded 20 years ago and has over time demonstrated a strong ability to grow with its customers and become a trusted, long-term IT services provider.
Matter 30 November 2022

Redomiciliation of Collibra to the Netherlands

De Brauw has advised Belgian tech unicorn Collibra on its move to the Netherlands through a cross-border merger.
Matter 8 November 2022

Infinite Electronics to acquire Cable Connectivity Group from TKH and Torqx Capital Partners

De Brauw acted as co-counsel together with U.S. firm Cleary Gottlieb Steen & Hamilton for Infinite Electronics, Inc. (Infinite Electronics) in its acquisition of the Cable Connectivity Group (CCG).Infinite Electronics, a leading global supplier of electronic components serving the needs of customers through a family of highly recognized and trusted brands, has announced on 8 November 2022 that it signed a definitive agreement to acquire Cable Connectivity Group (CCG) from Torqx Capital Partners (Torqx) and TKH Group NV (TKH). The transaction is subject to customary regulatory approval and is expected to close in Q1 2023.CCG is a leader in the production, distribution and assembly of specialty cables and cable connectivity solutions. The company operates across Europe with offices and production and distribution facilities in the Netherlands, Belgium, Germany, Poland, Italy and China. CCG is comprised of the following brands: Jobarco, Pantaflex, Capable, TKD, ConCab, Schrade Kabeltechnik and KC Industrie. CCG has a global customer base across industrial and electronics end-markets.
Matter 27 October 2022

De Brauw advises AEGON on the combination of its Dutch operations with a.s.r.

De Brauw advised AEGON, a leading multinational life insurance, pensions and asset management company, on the combination of its Dutch operations with a.s.r., a leading Dutch insurance group. The deal is valued at EUR 4.9 billion. In connection with the transaction, AEGON and a.s.r. have agreed certain arrangements regarding the provision of asset management services by AEGON for the enlarged a.s.r. group and AEGON's governance rights in a.s.r., including the right to nominate initially two members to the supervisory board with one such supervisory board member having an affirmative vote for certain resolutions, including dilutive transactions and material M&A.The deal signifies a transformative transaction for both AEGON and a.s.r., creating a champion in the Dutch pension, life, and non-life insurance markets.
Matter 22 October 2022

Athora Netherlands to acquire WTW's PPI in the Netherlands

De Brauw is advising Athora Netherlands on the acquisition of WTW's premium pension institution (PPI) in the Netherlands. The parties announced on 18 October 2022 that they have agreed on Athora Netherlands' takeover of the PPI. The transaction is expected to close early 2023, subject to regulatory approvals and the consultation of employee representative bodies. After the closing of the transaction, the PPI will become an integrated part of Athora Netherlands' market leading Zwitserleven PPI. The combined scale and capability will provide the opportunity for greater innovation and enhanced services for clients and members.
Matter 17 October 2022

Schroders Capital acquires 10.6% stake in Fastned

De Brauw has advised Schroders Capital on its acquisition in a private placement of a 10.6% stake in Fastned B.V., a Euronext Amsterdam listed company that provides fast electric charging for electrical cars. As part of the transaction, Schroders has obtained a supervisory board seat.
Matter 7 October 2022

Supreme Court: provisions on early repayment of fixed interest rate mortgages valid and binding

On 7 October 2022, the Supreme Court of the Netherlands dismissed the appeal of a former customer of Rabobank against a judgment by the Amsterdam Court of Appeal (judgment). On the same day, it also dismissed similar complaints against appellate court judgments brought by (former) customers of Volksbank N.V. (judgment) and ABN AMRO N.V. (judgment). The judgments are available in Dutch only.
Matter 21 September 2022

Digital Realty sells partial interest in German and US datacenters to Digital for up to USD 681 million

Digital Realty Trust, LP (NYSE listed) has entered into a sale and contribution agreement with Digital Core REIT (Singapore listed) in respect of interests in two datacenters for up to USD 681 million.
Matter 14 September 2022

Rivean Capital and other shareholders agree on the sale of Muon to IDEX

De Brauw advised Rivean Capital on the sale of the Muon group to IDEX. The Muon Group is headquartered in the Netherlands and is a global leader in mission critical micro precision solutions.
Matter 8 September 2022

Stora Enso to acquire De Jong Packaging Group

Stora Enso is to acquire De Jong Packaging Group, based in the Netherlands. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux countries. Its product portfolio and geographic presence will complement and enhance Stora Enso’s offering, especially in fresh produce, e-commerce and industrial packaging.Completion of the transaction is expected at the beginning of 2023, subject to employee consultation and regulatory approval. De Brauw acted as lead counsel for the founder of De Jong Packaging Group.
Matter 7 September 2022

DataSnipper completes minority investment from Insight Partners

De Brauw acted as lead counsel to the shareholders of DataSnipper on its first venture capital funding round (Series A). DataSnipper is a tech scale-up focused on transforming the financial audit industry. It provides auditors with an intelligent automation platform to increase the quality and efficiency of audit procedures. The investment was effectuated by an offering of a minority participation to Insight Partners, a U.S.-based global software investor partnering with high-growth technology, software and internet start-up and scale-up companies that are driving transformative change in their industries.