NautaDutilh assisted Astorg's contemplated acquisition of a majority stake in Normec Group
NautaDutilh assists funds advised by Astorg, a European private equity group, with offices in London, Paris, Luxembourg, Frankfurt and Milan, on its contemplated acquisition of a majority stake in Normec Holdings B.V. (Normec or the Company).
Normec Holdings is the holding company of the Normec Group. The Normec Group is active in the field of testing, inspecting, certification and compliance (TIC) mainly in the Netherlands, Belgium and Germany. Normec Group assesses and supports the quality and safety of materials, systems and products by conducting independent audits, tests and inspections based on accredited methods. Normec Group operates in the Buildings, Environment & Infrastructure and Food & Agriculture market segments.
Astorg will partner with Normec’s founder Joep Bruins, who will remain a shareholder in the Company, and Normec's management team. The contemplated transaction is subject to regulatory approvals and is expected to close in 2020Q3 Additional terms of the transaction were not disclosed.
NautaDutilh with a fully integrated Belgian and Dutch team, worked alongside Latham & Watkins (London) and EY, completing the legal diligence and negotiations on the transaction documents within 7 days.
Click here for Astorg's press release.
