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Stek advises Rabobank and BLF on financing of acquisition of Sunmaster Nederland by Home & Gardens Solutions

Stek has advised Rabobank and BLF on the financing of the acquisition of Sunmaster Nederland by Home & Garden Solutions. Home & Garden Solutions, formerly known as Outdoor Living Group, is the holding company that acquired Verasol in June 2017 and Gardendreams in 2019. Verasol and Gardendreams produce aluminium verandas,…

Stek advises Springbok on the acquisition of Adeptiv from PostNL

The Belgian Springbok has acquired the shares in Adeptiv and its subsidiaries SearchResult, Yourzine and Kernel Works from PostNL. By the acquisition a strong international organization is created that represents 280 employees, making it one of the largest digital marketing agencies in the Benelux. Stek represented Springbok in this transaction.

Stek advises the lender in the financing of Solarpark Koningspleij

Stek (Herman Wamelink and Kersten Wierda (finance team), Claudia Beele, Lodewijk Vonken and Monique van Zutphen (due diligence team)) advised the lender in the financing of Solarpark Koningspleij, with Sunvest als sponsor, in Arnhem, the Netherlands, reaching financial close in December 2020.

Stek advises ABN AMRO Bank in the financing of Windpark Strekdammen

Stek (Herman Wamelink and Kersten Wierda (finance team), Reijnoud Homveld, Claudia Beele and Monique van Zutphen (due diligence team)) advised ABN AMRO Bank in the financing of Windpark Strekdammen, with Pondera and Rebel als sponsors, in the port of Delfzijl, the Netherlands, reaching financial close in December 2020.

Stek victorious for Stedin in civil litigation against Essent

Stek has successfully represented energy distribution company Stedin in civil litigation against balance responsible party Essent (part of E.On) before the District Court Oost-Brabant. The claim of Stedin was based on an interpretation of the market processes and the roles of the various market parties with respect to corrected metering…

Stek advises Limburgs Energie Fonds (LEF) and Enpuls on the sale of the infrastructure part of Mijnwater to Enpuls

LEF sold the infrastructure part of Mijnwater to Enpuls, which is part of the Enexis Groep. In this context, Mijnwater demerged into Mijnwater Warmte Infra and Mijnwater Energy. Mijnwater Warmte Infra is the owner of the Mijnwater infrastructure. Both shareholders will invest approximately EUR 300 million in Mijnwater in the…

Stek advises Buckaroo on the intended acquisition of payment service provider Sisow

Buckaroo acquires payment service provider Sisow. This has been agreed upon by both parties earlier this month. With Sisow having over 14,000 customers in the Dutch and Belgian market, Buckaroo considers the acquisition a strategic move to strengthen its position in the SME market. Stek represents Buckaroo and its shareholder…

Stek advises shareholders Simpel on acquisition of Simpel by T-mobile: acquisition completed

After ACM approval, the shares in Simpel have been transferred to T-Mobile as of 1 December 2020. Simpel is now officially part of T-Mobile Nederland. Stek has advised the shareholders of Simpel, including its founder and CEO Jasper de Rooij and private equity investor Parcom, during the acquisition process and…

Stek victorious for Liander in preliminary relief procedure on permitted usage electricity connection

Stek has successfully represented energy distribution company Liander in a preliminary relief procedure before the District Court Gelderland. The procedure had been initiated by a large customer (a printing house), claiming that it was entitled to a large amount of contracted capacity. The court sided with Liander that this claim…