De Volksbank, the organisation behind SNS, ASN Bank, RegioBank and BLG Wonen, announced the acquisition of valuation platform Fitrex.
This acquisition is in line with the bank's strategy 2021-2025 to strengthen customer relationships. With this acquisition, de Volksbank expands its services with a complementary service within its core business of living. This contributes to the diversification of income.
Edger Kleijer (Associate Partner Corporate M&A) says: "It was a pleasure working with the de Volksbank team on this transaction. A great opportunity to show our ability to advise both from a regulatory and a transaction angle."
NautaDutilh's team working on this transaction consisted of Sven Uijterwijk and Charlotte Koolstra (FCS), Edger Kleijer, Joost Kooren, Lisa Müchow, Timo Kerklaan (Corporate M&A), Elodie Smits (Corporate Notarial), Edward Rijnhout, Sjuul Jentjens and Thijs Poelert (Tax Advisory). The due diligence team also comprised, among others, Ramon Pop, Noor Boekelman and Erik Poorthuis.
De Volksbank's team comprised Mandip Johal and Wilfried Beumer (de Volksbank corporate finance), Jane van Solingen, Gianni Molenwijk, Sumeyra Poyrax and Arne van Bijnen (de Volksbank legal).
You will find more information about the deal here