Loyens & Loeff advised a majority group of senior secured bondholders of Hema B.V.
Conditional agreement signed for the sale of HEMA. Loyens & Loeff has, together with Kirkland & Ellis, advised a majority group of senior secured bondholders of Hema B.V. (the Ad Hoc Group) on the conditional agreement of HEMA B.V. and the Ad Hoc Group for the acquisition of HEMA B.V. by a 50/50 consortium of Parcom and Mississippi Ventures, the investment vehicle of the Dutch entrepreneurial family Van Eerd, owner of Jumbo supermarkets.
HEMA B.V. and the Ad Hoc Group reached a conditional agreement with a 50/50 consortium of Parcom and Mississippi Ventures for the contemplated sale of 100% of the outstanding shares of HEMA B.V. The consortium now has an exclusivity period of up to eight weeks in which it can complete further due diligence and obtain financing from Dutch financial institutions. An update on the transaction is expected in the first half of December. Mississippi Ventures was advised by Allen & Overy, Parcom was advised by Clifford Chance and HEMA B.V. was advised by De Brauw Blackstone Westbroek.
Loyens & Loeff acted as Dutch and Luxembourg counsel to the Ad Hoc Group. The transaction was led by Dutch corporate partner Roel Fluit, together with corporate partner Antoinette van der Hauw and senior associate Gerda de Jong, the team furthermore consisted of restructuring partner Vincent Vroom, senior associate Joris Dunki Jacobs and associates Gief de Gruijter and Kim de Bruijn. The Luxembourg team was headed by corporate partners Michael Scott and Frédéric Franckx with associates Diogo Morgado Filipe and Madeleine Marques and tax advisor Charlotte Haarsma – Den Dekker.
Roel Fluit
Partner Attorney at lawRoel Fluit, attorney at law, is a member of the Corporate practice group in our Amsterdam office. He focuses on corporate law, mergers and acquisitions and (national and international) joint ventures. He is also a member of the Region Teams United States and Latin America.
T: +31 20 578 50 05 M: +31 6 10 89 73 21 E: [email protected]
Gerda de Jong
Senior Associate Attorney at lawGerda de Jong, attorney-at-law, is a member of the Corporate/M&A practice group in our Amsterdam office. She focuses on (cross-border) mergers and acquisitions and joint ventures. She is also a member of the healthcare sector team.
T: +31 20 578 50 58 M: +31 6 54 90 54 18 E: [email protected]
Michael Scott
Partner Attorney at law / Solicitor / Avocat à la CourMichael Scott, partner, is a member of the Corporate Practice Group in our Luxembourg office and co-heads the Luxembourg Restructuring Team. He focuses on private equity transactions, mergers and acquisitions and distressed debt restructurings. He mainly advises US and UK based clients investing through Luxembourg to European or other target jurisdictions.
T: +352 466 230 294 M: +352 691 963 026 E: [email protected]
Diogo Dias
Senior Associate Attorney at law / Avocat à la CourDiogo Dias, senior associate, is a member of the Corporate Practice Group in our Luxembourg office. He focuses on corporate law, mergers and acquisitions, cross-border restructurings, private equity and corporate finance.
T: +352 466 230 380 E: [email protected]
Diogo Morgado Filipe
Associate Attorney at lawDiogo Morgado Filipe, associate, is a member of the Corporate practice group in our Luxembourg office and a member of the Restructuring Team. He focuses on corporate restructurings, Private Equity, M&A, Corporate Finance and general Corporate Law.
T: +352 466 230 594 E: [email protected]
Madeleine Marques
AssociateMadeleine Marques, associate, is a member of the Corporate practice group in our Luxembourg office and a member of the Restructuring Team. She focuses on private equity transactions, mergers and acquisitions and distressed debt restructurings.
T: +352 466 230 211 E: [email protected]
Charlotte Haarsma-den Dekker
Senior Associate Tax AdviserCharlotte Haarsma-den Dekker, senior associate, is a member of the Tax Practice Group in our Luxembourg office. She focuses on advising Luxembourg entities on tax structuring and restructuring.
T: +352 466 230 600 E: [email protected]
Vincent Vroom
Partner Attorney at lawVincent Vroom, attorney at law, is chairman of the Litigation & Risk Management Group. He specialises in restructuring and insolvency matters. He handles a range of issues in restructuring cases whether they arise within the courtroom or outside.
T: +31 20 578 59 84 M: +31 6 51 26 63 19 E: [email protected]
Joris Dunki Jacobs
Associate Attorney at lawJoris, attorney at law, is a member of the Litigation & Risk Management practice group. He specialises in insolvency law and corporate law.
T: +31 20 578 50 54 M: +31 6 10 89 46 42 E: [email protected]
Kim de Bruijn
Associate Attorney at lawKim de Bruijn, attorney at law, specialises in restructuring and insolvency matters. She works in our Amsterdam office.
T: +31 20 578 56 88 M: +31 651 01 85 34 E: [email protected]
Frédéric Franckx
Partner Attorney at law / Avocat à la CourFrédéric Franckx, partner, heads the Corporate / M&A Practice Group in our Luxembourg office. Frédéric focuses mainly on private equity and mergers and acquisitions. He is an active member of our Region Teams US, Canada and Latin America.
T: +352 466 230 301 M: +352 691 919 614 E: [email protected]
Antoinette van der Hauw
Partner Attorney at lawAntoinette van der Hauw, attorney at law, is a member of the Corporate/M&A practice group. She specialises in (national and international) corporate law transactions and joint ventures. Antoinette focuses on private equity transactions and management participation. Antoinette also has extensive experience in the field of warranty & indemnity insurance.
T: +31 20 578 52 29 M: +31 6 23 52 59 92 E: [email protected]
