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Stek successful in first Large Chamber procedure CBb

On 25 March 2015 the Administrative High Court for Trade and Industry (CBb) rendered a judgment in its first Large Chamber proceeding. The proceeding concerns administrative fines for violation of the confidentiality obligations of energy distribution company Liander, imposed by the Authority for Consumers and Markets. The CBb has quashed…

Stek advises banks in increase of financing to DNA Green Group

Stek has advised the banks in the increase of financing to DNA Green Group in relation to the acquisition of RijnPlant and Terra Nigra. As a result of the increase, NIBC acceded to the consortium consisting of Rabobank and Deutsche Bank Nederland. DNA Green Group (new trade name: Dümmen…

Stek advises NIBC on the financing of the acquisition by PCI Groep of Dantuma

Stek advises NIBC on the financing of the acquisition by PCI of Dantuma. PCI is the largest independent supplier of Canon office and document solutions in the Netherlands and the fourth largest Canon reseller in Europe. The company is active in the field of office and document solutions, delivering everything…

Stek advises shareholders in the sale of VDVL Consultants to Prodapt

Prodapt, a global leader in the telecommunications industry, has acquired all shares in VDVL Consultants telecom | internet B.V. from its shareholders. VDVL Consultants specializes in consultancy and other services in the ICT and telecommunications industry and has built a strong track record by servicing most of the large telecom…

Stek advises Bufab in its acquisition of Flos

Swedish public company Bufab (Nasdaq Stockholm) has acquired 100% of the shares in Dutch company Flos B.V. Both companies are active in the supply of mechanical parts and fasteners. Please click here for the press release.

Stek advises the lenders on the working capital financing for DOC Kaas

Stek has advised Deutsche Bank, ING Bank and Rabobank on the EUR 100,000,000 working capital financing for Drents Overijsselse Coöperatie Kaas B.A. (www.dockaas.nl). DOC Kaas is the second largest Dutch cheese producing dairy cooperative. Click here to read the press release (of ILFA Finance Solutions,…

Stek advises Tempress in its acquisition of SoLayTec

Tempress Group Holding BV has acquired a majority ownership interest in SoLayTec BV. from Rena GmbH. Tempress is a wholly-owned subsidiary of Amtech Systems, Inc. (NASDAQ: ASYS) and manufactures systems for the production of solar panels and semiconductors. SoLayTec is a spin-off from Dutch research organization TNO and produces machines…