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23 March 2017 / deal

Loyens & Loeff advised Toyota Industries Corporation on the acquisition of Vanderlande Industries Holding

Loyens & Loeff advised Toyota Industries Corporation on the acquisition of Vanderlande Industries Holding from NPM Capital N.V. and certain minority shareholders for a purchase price of EUR 1.16 billion.

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Vanderlande, the global market leader for value-added logistic process automation, has expert capabilities in material handling systems for the retail and parcel handling industries and is one of the world’s foremost companies of passenger baggage handling systems for airports. Vanderlande also develops and manufactures a full lineup of sorters, conveyors, and other materials handling equipment and software. Vanderlande has 50 sites around the world and a staff of approximately 4,500 associates experienced in providing materials handling solutions to major customers in every industry. 

Loyens & Loeff acted as Dutch corporate and tax counsel to Toyota. The Loyens & Loeff team was led by corporate partner Peter Corten and the core team consisted of Wouter Kros, Antoinette van der Hauw, Lara Haanraadts and Gerda de Jong (corporate / M&A); Jan Hein Visser (corporate / notarial); Klaas Wiersma (employment law); and Marc Klerks and Louis Lutz (tax). Loyens & Loeff advised Toyota jointly with White & Case.



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