Sodexo has spun off its employee benefits and engagement business into a stand-alone company named Pluxee N.V. On 1 February 2024, Pluxee's ordinary shares started trading on Euronext Paris with an implied market value of approximately EUR 4 billion. NautaDutilh has advised the Bellon family, which is Sodexo's and Pluxee's majority shareholder, in con-nection with the Pluxee spin-off.
“This spin-off underlines the flexibility of the Dutch legal landscape, which in this instance provides a robust, efficient and reliable legal framework that allows long-term shareholders to benefit from additional voting rights in Pluxee. It has been a privilege to work with Darrois on this transaction.”
NautaDutilh acted as co-counsel alongside Darrois Villey Maillot Brochier. The NautaDutilh team was led by Paul van der Bijl and included Sybren de Beurs, Daan Hagelstein, Leanne Meurs and Mariëlle van Nimwegen.