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Stek advises Clondalkin with the sale of part of its packaging activities to Schur Flexibles

Stek advises Clondalkin, part of private equity firm Egeria in the sale of Cats Flexible Packaging, Hänsel and Nimax to Schur Flexibles. Cats Flexible Packaging and Hänsel are specialized producers of packaging solutions for premium confectionary with locations in Rotterdam (the Netherlands) and Freital (Germany). Nimax is focused on innovative…

Steks acts on sale of Ridder Data Systems to Trivest Software

Stek acted for the Ridder group in the sale of its subsidiary Ridder Data Systems to Trivest Software Group. Ridder Data Systems is a renowned ERP supplier in the manufacturing industry. Trivest is a portfolio company of private equity investor Nedvest. Please click here for the press release on…

Stek advises KION Group AG on the reorganization of its group-wide cash pooling

Stek advises KION Group AG on the reorganization of its group-wide cash pooling. Click here for the press release.  

Stek advises BNG Bank on the financing of Iederzon

Housing corporation Ymere will green at least 8,500 rental homes in Amsterdam with solar panels and LED lighting. For this purpose, Ymere has made its roofs available to Iederzon. Iederzon has attracted financing for this project from BNG Bank as senior financier and from the municipality of Amsterdam and two…

Stek successful for Eneco in complaint against easyEnergy before the Dutch Advertising Code Committee

Stek has successfully represented Eneco in a complaints procedure before the Dutch Advertising Code Committee. The complaint was directed against the advertising by easyEnergy. By decision of 22 December 2017 the Advertising Code Committee ruled that the advertising of easyEnergy is misleading and violates the Dutch Advertising Code and has…

Stek advises in the sale of Elementis Specialty chemicals

Stek advises Elementis PLC (LON:ELM) in the sale of Elementis Specialties Netherlands BV to Swiss chemicals company Kolb Distribution, belonging to the Malaysian KLK group. Elementis Specialties has a plant in Delden, the Netherlands which employs 200 persons and manufactures surfactants and other specialty chemicals. The sale is subject to…

Stek acts for Ikbenfrits in securing venture capital funding

Ikbenfrits.nl, the leading online mortgage broker in the Netherlands, has secured an equity investment from Finch Capital, a financial technology venture capital firm, who led its Series A funding round. Please click here for the press release on the transaction.

Stek assists Afvalfonds Verpakkingen and AEB Amsterdam with innovative partnership

Stek has assisted Afvalfonds Verpakkingen, the packaging waste fund of producers and importers, and AEB Amsterdam, the waste solutions provider, in devising their innovative co-operation. The long-term co-operation consists of a partnership for the post-separation of plastic packaging waste that is unique in the Dutch market. In this process Stek…

Stek advises Standard Investment on financing of acquisition of Riedel

Stek has advised Standard Investment on the financing of its acquisition of Riedel from dairy company FrieslandCampina. The senior financing is arranged by Rabobank and ING Bank and the mezzanine financing by Dutch Mezzanine Fund. Riedel has developed itself to become market leader in long-life and refrigerated fruit juices and…