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Stek advises the Amsterdam Climate & Energy Fund in an E-bike sharing system

The Amsterdam Climate & Energy Fund (AKEF) is investing in mobility startup Urbee, which is building an innovative e-bike sharing system in Amsterdam. The investment is made partly in an equity stake and partly as a loan. AKEF is an investment fund having the City of Amsterdam as…

Stek successful for Initiative Media in public procurement dispute

Stek has successfully represented media company Initiative Media, part of IPG Mediabrands (Nasdaq: IPG), in a large public procurement dispute. It concerns the tender for the strategy, planning and procurement of all media spending by the Dutch State, including its agencies and companies such as the Dutch Tax Authority and…

Stek victorious for Stedin in complex dispute with Greenchoice

Stek has successfully represented distribution company Stedin Netbeheer in an appeal procedure before the Court of Appeal in The Hague in a complex dispute with energy supplier Greenchoice. After prevailing in first instance before the District Court in Rotterdam (click here for the judgement (in Dutch)) the Court of…

Stek acts for Lone Star in merger notification Propertize

Stek, in cooperation with Brussels firm Oswell & Vahida, acted for Lone Star Funds in filing a merger notification with the Dutch Authority for Consumers and Markets (ACM) for the acquisition of Propertize. On 2 August 2016 ACM approved this much discussed transaction. Please click here…

Stek advises PitPoint on LNG joint venture

Stek advised PitPoint, a portfolio company of Bencis Capital Partners, on setting-up a joint venture with Primagaz. The newly formed joint venture will focus entirely on the exploitation of LNG for the automotive and marine market. As part of the transaction, Stek also assisted PitPoint and Primagaz in obtaining first…

Stek advises NIBC on its investment in Fletcher Hotels

Stek advised NIBC Mezzanine & Equity Partners on the management buy-out of Fletcher Hotels. Founder Chris Luken sold Fletcher Hotels to the existing management team and investors Xead Group and NIBC. Fletcher Hotels operates 73 hotels and is the largest hotel chain in the Netherlands. Please click here for…

Stek acts for Thule in acquisition of child bike seat company GMG

Swedish company Thule Group (Nasdaq Stockholm: THULE) has acquired the Dutch company GMG B.V., the leading company in child bike seats in the Benelux market under the brand YEPP. Please click here for the press release.

Stek advises Oaktree on its participation in Tribes

Stek advised Oaktree Capital, a leading US investment management firm that is listed on the New York stock exchange, on its acquisition of a majority stake in Tribes. Tribes is an office concept which offers flexible office space. Press here for the press release (in Dutch).

Stek assists Alliander in successful defence against request for ACM action

After an extensive investigation the Authority for Consumers and Markets (ACM) has denied the request of RWE Benelux Holding to take legal action against Alliander. According to RWE Alliander violated the so-called group prohibition and/or the prohibition on ancillary activities. More specifically the complaint focused on the activities of Alliander…