Investor in sustainable energy ENGIE Services Nederland has acquired Hydreco Geomec from HydroCare, a subsidiary of Brabant Water. Hydreco Geomec is a rapidly growing company in the field of geothermal heat development and production with a solid mission: to contribute to the transition to sustainable energy with geothermal heat in the Netherlands. The acquisition will strengthen […]
Audax Groep has acquired franchise- and retail formula Bruna from Shared Stories Group. Bruna is a Dutch retailer operating 273 shops (including the franchise formula) in the Netherlands, selling inter alia (children’s) books, e-books, magazines, newspapers, gift cards, greeting cards and paper- and writing materials. Audax is a business platform for logistics retail with a focus […]
Kuehne + Nagel has acquired Rotra’s overland and logistics activities of Rotra. Rotra is a leading family-owned logistics service provider with branches in the Benelux and Romania and a fleet of over 200 trucks. The inland, seafreight and airfreight activities do not form part of the transaction. Kuehne + Nagel is a Swiss listed global logistics […]
Stek has successfully represented regional energy distribution company Enduris in an appeal before the Administrative High Court for Trade and Industry (CBb) brought by chemical company Arkema. Arkema appealed the decision of the Authority for Consumers and Markets (ACM) in a dispute resolution procedure in which ACM had dismissed the complaint of Arkema and ruled that […]
ING Corporate Investments, ING’s investment division, has acquired a stake in logistics service provider Nunner Logistics. Nunner Logistics is an innovative logistics service provider that has experienced strong growth in Europe and Asia in recent years. The group currently has around 30 branches in Europe and five in China. The investment by ING will enable Nunner […]
French sports manufacturer and retailer Decathlon has acquired iconic hockey brand Dita (hockey sticks, shoes and mouth guards) from private equity firm Nederlands Merkgoed. The acquisition is expected to strengthen Dita’s position in the competition against sporting giants such as Adidas and Asics.
Please click here for the press release.
Medicapital Rent is a world leading supplier of medical rentals for clinical trials. The company was founded in 1996 and has offices in Leiden (the Netherlands), Atlanta (GA) and Zug (Switzerland). Stek advised the founders on the sale to family investment platform Gryphion.
Please click here for the press release.
Stek has successfully represented the regional electricity and gas distribution companies, through their representative organization Netbeheer Nederland, in an appeal before the Administrative High Court for Trade and Industry (CBb) against the method decisions electricity and gas for the years 2017-2021 of the Authority for Consumers and Markets (ACM). The appeal concerned the level of the […]
Stek has advised Rabobank on the (re)financing of Plantise (one of the largest plant breeders in the Netherlands which originates from a merger between the plant breeders Leo Ammerlaan, Van der Lugt and Grow Group). Plantise will, amongst others, use the financing to further develop their international ambitions.
Please click here for the article […]
Alongside the motorway A1 a ‘solar field’ will be built on approximately 5 hectares of land, which solar field will generate sufficient power for 12,000 households. Stek advised BNG Bank on the financing of the project.
WeTransfer, the Amsterdam-headquartered company that is best known for its file-sharing service, has announced a €35 million secondary funding round. Stek represented WeTransfer in this transaction. The investment is led by European growth equity firm, HPE Growth, with significant participation from existing investor Highland Europe.
Click here for the press release from WeTransfer. Click […]
Stek has advised Boels Rental on a EUR 50 million loan agreement with the European Investment Bank. The financing will be used by Boels to acquire new vehicles, machinery and related equipment for its rental and leasing activities.
Click here for the press release from the European Commission.
Stek advises ASN Bank in relation to the project financing to ENGIE for four ground mounted solar parks. It concerns the solarpark Flevokustzon (29 MW), Maximazon, Bergumzon and Zonnepark Zeus.
Impact investor ELMA Investments, together with private equity fund IFHA and the Dutch Ministry of Foreign Affairs via PharmAccess Group, has invested USD 45 million in Dutch – African enterprise CarePay International.
CarePay offers a fast growing mobile telephone platform in Kenya, Tanzania en Nigeria for healthcare payments between funders, healthcare providers and patients. So far, […]
Nuts Groep, the fourth energy supplier in the Netherlands, has acquired all shares in Robin Mobile, a mobile telecom provider. Robin Mobile was founded in 2013 by Wilfred Rottier and was the first SIM-only provider that introduced an ‘unlimited’ offer whereby customers pay a fixed monthly amount for unlimited data, text messages and calling minutes. Nuts […]
The Dutch investment company NPM Capital has acquired a majority share in Rooftop Energy Group, a company active in the business of designing, financing, owning and operating solar power installations on rooftops of primarily non-residential properties in the Netherlands. The founders of Rooftop Energy Group, Leendert Florusse and Raymond Steenvoorden, remain a shareholder and remain active […]
The Swedish investment firm Triton and Corendon Holiday Group have reached preliminary agreement on the sale and transfer of all shares in Corendon Holding to a portfolio company of Triton. Through the same portfolio company, Triton has recently acquired all shares in the leading European tour operator Sunweb. Corendon Holding is the parent company of the […]
The Danish global market leader in template management software Templafy ApS has acquired the Dutch-based brand identity and template management software provider Master IT Solutions B.V., acting under the name iWRITER. Both Templafy and Iwriter give access to Microsoft Office templates in PowerPoint, Outlook, Word and Excel. By acquiring iWRITER, Templafy has added 1,200 business customers […]
Audax Groep B.V. has acquired franchise- and wholesale organization De Marskramer B.V. from Blokker Holding B.V. De Marskramer B.V. owns the franchise formulas Marskramer, Prima, Novy and Toys2Play – a total of 92 stores – and provides wholesale activities. Stek has advised Audax Groep B.V. on this acquisition.
Please click here for the press […]
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.
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.
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 […]
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 […]
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 […]
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).
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 […]
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.
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 […]
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 […]
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 […]
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.
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 […]
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 […]
Stek successfully represented German entities Beacon and Catana in appeal proceedings before the Amsterdam Court of Appeal on the unlawful termination of a loan agreement in the amount of EUR 2 million by Japanese Nissui Group. The Amsterdam Court of Appeal nullifies the judgment of the Amsterdam District Court and rules that no event of default […]
Stek has successfully represented distribution company Liander in the objections procedure initiated by VEMW (the Association for Energy, Environment and Water) against the decision of the Authority for Consumers and Markets (ACM) setting the electricity connection and transportation tariffs of Liander for 2018.
By decision of 25 May 2018 ACM ruled the objections of VEMW partly […]
Stek advises Egeria and its portfolio company Ilionx on the acquisition of a majority interest in QNH, a Netherlands-based company that specialises in IT business integration. QNH helps organizations to adjust and improve their business operations through the use of smart IT solutions. The company employs 470 people in Dutch offices in Amsterdam, Maastricht, Groningen, Eindhoven […]
Stek assisted Rabobank in the sale of payments service provider MyOrder to Ease2pay. Ease2pay N.V. (via its subsidiary Ease2pay B.V.) combines forces to accelerate the mobile payment & loyalty market. Ease2pay and MyOrder are currently active with a mobile tank and parking solution and after a period of intensive consultation with Rabobank it has been decided […]