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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…

Stek advises Gamma in acquisition of Nimsys

English IT service provider Gamma Communications PLC (listed at the LSE) has acquired gnTel, an independent Dutch and German provider of cloud PBX services. Stek advised Gamma in this transaction. Please click here for the press release.

Stek advises on the sale of Globalinternet to Expereo

Globalinternet, a global supplier of managed Internet access services, was acquired by Expereo, a portfolio company of French private-equity house Apax. Stek acted as advisor to the sellers. Please click here for the press release.

Stek advises banks on refinancing of Schiphol

Stek has advised ING as coordinator and sustainability coordinator and ABN AMRO Bank, BNP Paribas, ING Bank, NatWest, Rabobank and SMBC as bookrunning mandated lead arrangers in the EUR 400 million revolving credit facility for Schiphol. The margin of the RCF is partly linked to the performance by Schiphol on…

Stek advises HMS Industrial Networks AB on the acquisition of a majority share in Ekitec Holding and Procentec

HMS Industrial Networks AB has acquired a majority share in Ekitec Holding and its subsidiary Procentec. Procentec is a world leader in innovative and technical solutions and services for industrial networks. As a strategic partner Procentec will remain a separate entity within HMS Industrial Networks AB. HMS Industrial Networks AB…