Deals

Loyens & Loeff advised Vivendi on the listing and distribution of Universal Music Group N.V. (UMG). The shares in UMG started trading on Euronext Amsterdam on 21 September, following which Vivendi distributed 60% of the shares in UMG to its shareholders on 23 September.

Koemans Verpakkingen B.V. is a Netherlands-based packaging specialist offering a wide range of packaging products and services. The company has developed very successfully as a family business, and will continue to be led by Frank Koemans as managing director, together with his brother John Koemans. The company will become part of OptiGroup’s Packaging business area and will continue to operate under its current brand.

Loyens & Loeff advised Marathon Asset Management on the disposal of a complex with 2 data centres in De Hurk, the largest business park in Eindhoven.

Loyens & Loeff advised Geodis on the acquisition of a plot of land at the logistic area Trade Port Noord in Venlo. Geodis intends to develop a 130,000 sq. m. XXL logistic campus, which development is anticipated to commence in early 2022.

Loyens & Loeff advised longstanding client LiveStyle on its sale of ID&T to Superstruct, a portfolio company of Providence Equity.

Argos Wityu acquires Schenk Tanktransport, a logistics services provider for the transport of gasses and liquids. Harry and Arjan Schenk will retain a significant stake in the company and will continue in their roles as co-CEO to ensure continuity until a suitable successor has been identified.

New STS residential mortgages securitisation by bunq B.V.

Loyens & Loeff advised Publicis Groupe on its acquisition of Boomerang, an independent creative agency. Publicis Groupe Benelux has acquired Amsterdam-based agency, Boomerang, adding repower to its dynamic creativity and content offering for global and local clients. Through the partnership, Boomerang’s clients will have direct access to the scale, media- and creative capabilities of Publicis Groupe.

Loyens & Loeff assisted Northern Data, a leading infrastructure supplier for HPC applications and Bitcoin mining, with the acquisition of the Dutch cryptomining company Decentric Europe for a purchase price of 365 million euro.

Loyens & Loeff assisted Berlin Hyp in providing a financing of €84.4 million to Huurwoningen Nederland Fonds (the sponsor and investor being Credit Linked Beheer B.V.). The financing is intended for a residential portfolio consisting of ten elements spread out across different locations in the Netherlands, whereby six of these locations are in large cities. The portfolio encompasses a total of approximately 490 residential units and around 400 parking spaces. The total rental area amounts to 30,700 square metres.

Loyens & Loeff assisted Legrand on the acquisition of Ecotap, a front-running Dutch specialist in alternating and direct-current electric vehicle chargers for homes, businesses and public charging points, from its shareholders.

We advised the ultimate beneficial owner of Baggerman Group on Swiss and Dutch tax aspects of the sale of 100% of the shares in Eurohose Holding B.V. Baggerman Group develops, produces and sells rubber and thermoplastic hoses and couplings in Northern and Eastern Europe. Baggerman Group was sold to NORRES Group, strengthening its market leading position in Europe’s hoses sector.