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Sale of Norway based Xtra Personell to Centric Holding
Bridgehead from Norway was lead advisor to the selling shareholders of Xtra
Personell and introduced the mandate to the M&A International Business Server-
vices Industry Group. Maarten Wolleswinkel of Holland Corporate Finance had
closed transactions with Dutch based Centric before, was aware of their strategy
and believed that Centric's first foreign acquisition would probably be in Scandi-
navia. Centric was introduced to Xtra and there seemed to be a clear cultural fit.
Although Holland Corporate Finance, together with Bridgehead, was acting on
the sell side, it assisted Centric throughout the whole process by attending all
major meetings and explaining cross-border related issues.
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Sale of Pentapharm to Royal DSM
Binder Corporate Finance, partner firm in Switzerland, arranged a sell side man-
date for Pentapharm, a Swiss developer and producer of active ingredients for the
personal care industry. Holland Corporate Finance introduced Royal DSM as a
potential buyer and, because it was well aware of DSM's strategy in this field, was
also able to assist Binder Corporate Finance in presenting the acquisition oppor-
tunity in a way favoured by DSM. The acquisition has substantially strengthened
DSM's position in the market for active ingedients for skin and sun care.
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Sale of Karl Kemper and Italian Righi by Royal Wessanen
The Food & Beverage team of Holland Corporate Finance, led by Ruud van Hoek,
regularly discusses opportunities with the M&A team of Royal Wessanen, a Dutch
based quoted food company. Therefore Wessanen immediately knew whom to
approach when it was decided to dispose its German and Italian frozen food opera-
tions. Holland Corporate Finance introduced its German and Italian partner firms
to Wessanen. German based Angermann was mandated to sell Karl Kemper and
Italian based Arietti & Partners was mandated to sell Righi. Both partner firms were
able to bring the right local buyers to the table and to negotiate attractive terms for
Wessanen. Wessanen was highly satisfied with the outcome of both processes.
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Sale of I-meter to Dresser
Turkish partner firm PDF Corporate Finance learned from industrial conglo-
morate Kale Group that they owned the majority of the shares in Dutch based
iMeter, a global supplier of natural gas metering equipment. Kale was contem-
plating a potential sale but needed to discuss this with the minority shareholders,
the Dutch management. PDF and Holland Corporate Finance arranged a joint
sell side mandate from all shareholders and later also facilitated a cooperation
agreement among the shareholders necessary for the successful realization of
a deal. PDF and Holland Corporate Finance jointly overcame many unforeseen
complications and sold the assets of the company to Dresser Inc, a global en-
ergy infrastructure technology and service provider.
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Baarsma Wine Group acquires British wine merchant Armit
Via its U.K. partner firms Smith & Williamson and Cavendish, Holland Corporate
Finance learned that the shareholders of British fine wine merchant Armit might
be open to an approach by a strategic buyer. Baarsma is the largest wine trad-
ing-house in the Netherlands and is backed by AAC Capital. Holland Corporate
Finance was aware of Baarsma 's buy and build strategy because of its regular
contacts with its CEO. Holland Corporate Finance introduced Armit to Baarsma,
which was able to conclude an attractive transaction with the shareholders of
Armit within a few months.
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Acquisition of Polish based Kentpol by Refresco Holding
Because of an earlier transaction with Dutch based private label soft drink pro-
ducer Refresco in Finland, Holland Corporate Finance had a good sense of
Refresco's buy and build strategy. Partner firm Poland Corporate Finance was
introduced and made a full scan of the Polish juice- and softdrink-market. Sev-
eral potentially interesting target companies were identified and Kentpol seemed
the most interesting for Refresco. M&A in Poland can be challenging but Poland
Corporate Finance was able to convince the local owners of Kentpol of the right
intentions of Refresco and to conclude an attractive transaction to both parties
on the table.
Unrivalled cross-border cooperation
Bridgehead - Norway
Binder Corporate Finance -
Switzerland
Arietti & Partners - Italy
Angermann M&A International - Germany
PDF Corporate Finance - Turky
Cavendish Corporate Finance /
Smith & Williamson - United Kingdom
Poland Corporate Finance - Poland
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600 experienced M&A professionals working seamlessly around the world
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