Stek advises Rabobank on its financing of ACCN B.V., a 100% subsidiary of Inashco B.V. ACCN B.V. will realise and operate a processing facility for bottom ashes at the site of Afvalzorg N.V.
Clients and peers are full of praise for Stek in the 2019 edition of the prestigious legal directory Legal 500. Stek has again been ranked for all its practice areas and a large number of its lawyers are listed in this directory. There are listings for:
Banking & finance: Borrower side: Maarten van de Graaf, Frans […]
This short article discusses the Act that amends the Gas Act and the Mining Act to minimise gas production from the large-scale Groningen Field. The act in large part entered into force on 1 January 2019.
The article was published on 11 March 2019 in the ILO series Energy & Natural Resources. Click here […]
In a recent interlocutory judgment, the Administrative High Court for Trade and Industry (CBb) has ruled that the Dutch Authority for Consumers and Markets (ACM) could not attribute liability for a cartel infringement to the managing partners of a German partnership (KG), solely on the basis of their position as managing partner. The […]
Silicon Valley venture capital firm Benchmark has invested $ 20 million in series A funding in Bohemian B.V., the maker of popular design tool Sketch.
Stek advised Bohemian in this transaction.
Please click here for more information.
In the 2019 edition of the authoritative directory Chambers Europe clients are full of praise for Stek. Stek is described as “a particularly reliable, pragmatic, thorough and fun firm to work with,” and “provide very good value for money”.
One client enthuses: “They are excellent lawyers who are easy to reach, quick to respond and able […]
Eneco eMobility, an affiliate of Eneco Groep N.V., has acquired FLOW Charging. The purchase adds new customers and around 2,000 active charging stations and 4,500 charging cards to the portfolio of Eneco eMobility.
Please click here for the press release. […]
Stek advised Stedin Group on the sale of Joulz through a controlled auction process to 3i Infrastructure for a purchase price of EUR 310.4 million. Prior to the transaction process, a carve-out of Joulz from the Stedin Group was effected. Joulz consists of two business units, Joulz Infradiensten and Joulz Meetbedrijf. Joulz Infradiensten Infrastructure Services facilitates […]
We are delighted to announce that Harry Stamps joined Stek as an associate in our Corporate group. Harry advises private equity firms, corporates and financial institutions on mergers and acquisitions, restructurings and other corporate law issues. He regularly works with international law firms on cross-border transactions. Welcome Harry!
Bencis has acquired a stake in Bons & Evers. Bons & Evers is a manufacturer of high-quality aluminium, brass and copper parts for a wide range of sectors including the automotive sector, the power distribution sector and the sanitation sector. Stek advised ING Bank in this transaction.
Please click here for the press release […]
Stek acted for Head Mares in its acquisition of a majority stake in liveaboard.com, an online booking platform to book diving vacations. The Head Mares Group is one of the leading manufacturers for tennis rackets, ski’s, snowboards etc. under the “HEAD” brand and also manufactures and sells scuba diving equipment under the “MARES” brand. Mares owns […]
We are pleased to announce that Rim Roomberg joined Stek as senior associate to strenghten our Corporate group. Rim specializes in corporate law in the broadest sense. He advises corporates, private equity firms and financial institutions on mergers and acquisitions, restructurings and management participations. The majority of his matters are cross-border transactions or include foreign law. […]
In the 2019 edition of the authoritative directory Chambers Global Stek is again recommended in its practice areas that are listed in that guide. The following lawyers are listed as “Leaders in their Field”:
Banking & Finance: Frans Haak, Sharon Kaufmann, Herman Wamelink;
Corporate/M&A Mid-Market: Maarten van der Graaf, Jasper Stek;
Dispute Resolution: Gerben Smit.
English IT service provider Gamma Communications PLC (listed at the LSE) has acquired Nimsys, an independent Dutch provider of IT services with a focus on multitenant buildings. Stek advised Gamma in this transaction.
Stek advised SK FireSafety Group and its majority shareholder Apax Partners on the sale of the AeroSafety division of SK FireSafety to Levine Leichtman Capital Partners, a US-based private equity firm.
Please click here for a press release.
Stek advises Cape Investment Partners on the acquisition of a majority stake in FoundOcean and Cape Holland. Cape Holland is the world leader in offshore vibro technology, providing a cost saving and environmentally friendly solution to pile driving and pile handling with their Vibro Lifting Tools. FoundOcean is the world’s largest dedicated offshore construction grouting company […]
Stek has advised TrueNoord, an aircraft leasing company leasing various regional aircraft types to airlines in a large number of jurisdictions worldwide, on the acquisition of two Embraer E195 aircraft from CCB Aviation Corporation Limited. Both aircraft are on lease to Brazilian airline Azul Linhas Aéreas Brasileiras S.A. Financing was provided under TrueNoord’s term loan warehouse […]
Stek advised YARD ENERGY Group (YARD), a Dutch-based developer of wind energy projects, on the sale of 6 operational wind farms in the Netherlands, Windpark Buren, Duiven, Vlaardingen, Coevorden, De Lier and Vlissingen, with a combined capacity of 32.18 MW to Eurus Energy Group, a leading Japanese renewable energy company. The 6 wind farms, consisting of […]
This short article discusses the contemplated broadening of the SDE+, the main subsidy scheme for renewable energy production in the Netherlands, to a Subsidy Scheme for Renewable Energy Transition, or SDE++.
The article was published on 14 January 2019 in the ILO series Energy & Natural Resources. Click here for the article.
Stek advises ASN Bank on the project financing of the biomass plant to be constructed and operated by Afval Energie Bedrijf Amsterdam.
Please click here for the press release (in Dutch).
On 13 December 2018, during a festive gala, Stek was awarded the M&A Award for “Best Dutch M&A Law Boutique”.We are honored with this award and are grateful to our clients, peers and other members of the Dutch M&A community for the votes cast for us.
Click here for a list with all the […]
Malu Dijkstra, a member of Stek’s Healthcare team, was voted by her peers as one of the ten leading corporate attorneys in the Dutch healthcare sector. The top ten is published in Dutch healthcare journal Zorgvisie.
Stek has successfully represented Eneco in a preliminary relief procedure before the Administrative High Court for Trade and Industry (CBb) against a decision of the Minister of Economic Affairs and Climate Policy (the Minister) represented by CertiQ B.V. CertiQ had refused to accept English certificates of origin (REGO’s) in the Netherlands.
By judgment of 20 November […]
Stek has for the fourth year in a row been nominated ‘Best Dutch M&A Law Boutique’ at the M&A Awards 2018 organized by Alex van Groningen B.V. We are again grateful to our clients and peers for this nomination.
The awards will be presented at a festive ceremony on 13 December 2018. Click here […]
Harbert European Growth Capital (HEGC) provides specialty debt financing to European growth businesses, predominantly in the technology, life sciences and environmental sectors. Stek has advised HEGC on a number of such financings to Dutch businesses. HEGC is a subsidiary of a US investment management firm. Please click here for more information.
Wolters Kluwer announced the addition of European private enforcement case summaries to its online research platform, Kluwer Competition Law. Kluwer Competition Law now offers customers a user-friendly online database of European private enforcement case summaries, including court decisions from three leading jurisdictions – Germany, the Netherlands and the United Kingdom – in English. […]
Stek has successfully represented Tata Steel IJmuiden B.V. and Nuon Power Generation B.V., part of Vattenfall, as complainants in a dispute resolution proceeding before the Authority for Consumers and Markets (ACM). The complaint revolved around the question who is responsible and should bear the costs of a relocation of a connection by TenneT. By decision of […]
We are pleased to announce that Judith de Groot joined Stek as an associate in our Dispute Resolution group. Judith specialises in commercial and corporate dispute resolution. She advises and litigates on various commercial and corporate disputes, including issues relating to contractual liability, financial contracts and directors’ and professional liability. Before joining Stek in October 2018, […]
Stek advised Norwegian Energy Company ASA’s (Noreco) wholly owned subsidiary, Altinex AS, on the acquisition of the entire share capital of Royal Dutch Shell Plc’s upstream assets in Denmark, Shell Olie- Og Gasudvinding Danmark B.V. for a consideration of USD 1.9 billion. Through this transaction, Noreco becomes the second largest oil and gas producer in Denmark […]
This short article discusses a number of developments in Dutch energy and climate policy, including the consultation on the Act introducing a carbon price floor for electricity generation and the state of affairs with respect to the Climate Agreement and the Climate Act. The article was published on 22 October 2018 in the ILO series on […]
Uniphar plc, the largest integrated healthcare supply and services provider in Ireland, has acquired AngioCare, an independent distributor of diagnostic and interventional therapeutic solutions in cardiology, (neuro) radiology, vascular surgery and oncology.
Stek advised Uniphar in collaboration with the Irish law firm William Fry.
Stek advised Solar Works! B.V. and its shareholders on the equity investment by EDPR in the company. Solar Works makes solar energy products that help people in areas to have little or no access to electricity. Solar Works was founded in 2007 in the incubator of the Technical University of Delft. EDPR is a leading renewable […]
Stek advised Limburgs Energiefonds on the acquisition of Mijnwater from the municipality of Heerlen. Mijnwater provides for a cost effective operation and exploitation of heat and cold as a source of renewable energy by using mine water (mine passages of closed coal mines that have been filled with groundwater). Mijnwater developed innovative infrastructure for the distribution […]
Stek advised Audax Retail B.V. on its merger with retail chain Retail Development Company (RDC Holding B.V.). The retail formulas of both organizations will continue under Audax Retail. Audax is the media company of publishing family De Leeuw. Among other things, the company owns the AKO chain, which has one hundred stores and operates from stations, […]
Stek advised Nuon on its acquisition of two solar park projects from developer Powerfield, and has an option to acquire a third solar park. In total, the three parks add up to 27.5 MW. The locations of the parks are in Coevorden (7 MW), Gasselternijveen (3,5 MW) and Dokkum (17 MW). Please click here […]
We are pleased to announce that we have strengthened our practice group Competition & Regulated Markets with Berend Reuder (37) as new partner.
Berend specializes in Dutch and EU competition law and joins Stek from Houthoff. His expertise includes merger control procedures and cartel and dominance cases, representing clients in both civil and administrative […]
Stek advised Inteno on its acquisition of Genexis Group, including subsidiaries in the Netherlands, Germany and Sweden. The combined Inteno Group is one of the major European providers of connected home platforms and residential gateways. Inteno is a portfolio company of Accent Equity Funds. Please click here for the press release of Inteno.
GTDT: Market Intelligence provides a unique perspective on evolving legal and regulatory landscapes in major jurisdictions around the world. Through engaging, easily comparable interviews, the series provides the legal profession’s thought leaders with a platform for sharing their views on current market conditions and developments in the law. In the Cartels 2018 publication leading practitioners from […]
On 12 July 2018, the General Court of the European Union (the GC) published its judgments in the power cable cartel cases. One of the cases relating to this cartel is the case between the European Commission (the Commission) and the investment bank The Goldman Sachs Group, Inc. (Goldman Sachs). For part […]
Stek has represented the representative organisation Netbeheer Nederland and the regional distribution companies Liander, Enduris and Coteq in appeal proceedings before the Administrative High Court for Trade and Industry (CBb) against the method decisions of the Authority for Consumers and Markets (ACM) for the regional distribution companies electricity and gas for the period 2017-2021. By judgment […]
Stek has advised ABN AMRO Participaties on its acquisition of a majority of the shares in MPS, a global provider of high-end print solutions, including labels and flexible packaging materials for the food, beverage and medical industries. ABN AMRO Participaties acquired the shares in MPS from Braver Investments B.V., Ontwikkelingsmaatschappij Oost NL B.V. and the founders […]
Lagerwey is a Dutch designer and manufacturer of direct drive wind turbines, most of which in house. The company has been delivering sustainable wind energy since 1979. ENERCON is a leading international wind turbine manufacturer based in Aurich, Germany and operates in more than 30 countries. With this strategic investment in Lagerwey, ENERCON strengthens its portfolio […]
The 2018 edition of the directory Who’s Who Legal lists Stek with two laywers (Reijnoud Homveld and Jan Erik Janssen) in the list of leading lawyers in the energy sector in the Netherlands. In addition, Jan Erik Janssen is the only lawyer in the Netherlands to receive a special recognition (“[He] is a standout name in […]
Stek represented Stedin Group with respect to the auction sale of Joulz Energy Solutions (JES). It is planned that in the third quarter of 2018 the legal ownership of JES will transfer to Visser & Smit Hanab, a subsidiary of Royal VolkerWessels Group. JES is a specialist in complex medium and high-voltage applications.
Click here […]