Laurius was lead transaction advisor for the acquisition of Pharma-Pack bv by the Fagron group.
Both companies are highly specialized in personalized medicine, offering a broad range of healthcare products and services for pharmacists, prescribers, hospitals and the medical industry as a whole.
Fagron is a listed company in Belgium and the Netherlands and is known as a global leader in pharmaceutical compounding. With the addition of Pharma-Pack, Fagron continues to strengthen its position in the Belgian market.
Laurius successfully assisted Bruvaco nv, a real estate investment company
Laurius successfully assisted Bruvaco nv, a real estate investment company, with the acquisition of the shares of Immo Pype nv, a company owning 10 real properties.
Laurius successfully assisted Orelia
Laurius successfully assisted Orelia nv with the acquisition of a state of the art nursing home project in the province of Namur and of two new nursing homes.
Orelia is a fast growing and leading actor in the Belgian elderly care sector.
With this acquisition, Orelia further strengthens its presence in the Walloon Region.
WARRANTY & INDEMNITY INSURANCE
Warranty & indemnity (“W&I”) insurances are becoming increasingly popular in Europe. Even though W&I insurances are still not the norm in Belgium, they are becoming more prevalent and in particular for transactions with a deal value exceeding 100 million that are managed through an auction process or where it concerns private equity firms seeking a clean exit.
Even though the concept is not often used in small and medium-sized transactions in part because of the costs involved, it could be interesting for both buyers and sellers to investigate the upside of a W&I insurance in a specific deal. Moreover, given the more frequent use of W&I insurances, this segment of insurances is becoming increasingly competitive and as more and more insurance companies offer W&I insurance products, this will have a positive outcome on the price, the underwriting process and the time schedule. These evolutions will most definitely be advantageous for smaller and mid-size transactions.
A W&I insurance can bring a lot of comfort to both seller and buyer. For example, for those issues covered by the W&I insurance, the seller will no longer be the financially liable party and as such there will be less need for a seller to provide financial guarantees. Also, in rollover equity transactions buyers are usually more reluctant to claim from a seller since it could damage their cooperation (which could finally have a negative impact on the target), this type of restraint will be less of an issue if a W&I insurance is in place. Nevertheless, a W&I insurance does not completely replace the indemnity and guarantee mechanisms included in the SPA due to the many exclusions and limitations that a W&I insurance puts in place.
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Laurius assisted Copus Group with the acquisition of Bennet Engineering
Laurius assisted Copus Group with the acquisition of Bennet Engineering, specialized in the deployment of skilled engineers with expertise in the field of maintenance, engineering, and projects in the process industry.
The addition of Bennet Engineering to the Copus Group, together with their parallel expansion in Germany, further emphasizes the high degree of continued specialization in the labour market, reinforcing the position of Copus Group and Smart Solutions within the project-sourcing niche.
Click here for the article in ‘De Tijd’.
Buysse & Partners invests in Brantsandpatents
Laurius assisted Buysse & Partners with a capital investment in Brantsandpatents. This strategic partnership with founder Johan Brants and partner Ellen Crabbe will kick-start Brantsandpatents’ ambitious growth strategy in the specialized intellectual property sector.
Buysse & Partners is an independent investment group with a long-term private equity and real estate investment strategy, encompassing a diversified portfolio across Europe and Latin America.
Brantsandpatents is a Belgian consultancy firm with 25 employees focused on providing strategic advice on the protection of intellectual property rights and all matters concerning patents, innovations and inventions.
Laurius successfully assisted BMB Bouwmaterialen (BME Group) with the acquisition of Gedimat Antwerp.
BME | Building Materials Europe is one of Europe’s leading distributors of building materials. Its activities in Belgium are focused on the brands ‘BMB Bouwmaterialen’ (building materials) and ‘STG’ (sanitary, heating and plumbing materials). With this bolt-on acquisition, the BME Group further strengthens its presence in the province of Antwerp as part of BMB Bouwmaterialen.
BMB Bouwmaterialen, with headquarters in Antwerp and a 40 year history of providing guidance and materials for construction and renovation projects, continues to expand and will have a network of 11 locations in Flanders by year-end.
Bridts (the company behind “Gedimat Antwerp”) offers a broad portfolio of building materials at their site in Aartselaar. Bridts employs 17 people and the former owner – Mr. Vincent van Genechten – will remain actively involved with the management of the company going forward.
Please click here for the press release.
Laurius successfully assisted KeBeK Private Equity in its alliance with Schelstraete Delacourt Associates
Laurius successfully assisted KeBeK Private Equity in its alliance with Schelstraete Delacourt Associates. Private Equity has acquired an interest in Schelstraete Delacourt Associates, alongside Frank Schelstraete, Vanessa Delacourt, and Jonas Soenens. Following the transaction, 5 additional members of the management entered the capital.
Schelstraete Delacourt Associates is active in executive search for senior management profiles, advising boards of directors, and conducting assessments. The company was founded in 1990 by Frank Schelstraete, and in the past few years it has grown into a leading player in its sector.
KeBeK is an independent Belgian investment fund that participates in solid, medium-sized companies with an identifiable potential for further value creation.
Laurius assists Kronos Group in alliance with Epsa and Kloepfel Group
Laurius successfully assisted the Kronos Group in its alliance with Epsa and its German counterpart, Kloepfel Group. The resulting triumvirate now represents one of the largest pan-European business transformation and performance consulting organisations.
Founded in 2011, Kronos Group provides expertise in the areas of procurement consultancy, finance, business transformation and project management. As a market leader, Kronos Group supports its clients in the transformation and digitalisation of their companies.
Please click here for the press release.
Laurius is taking a significant step forward
As from 1 September, Christina Trappeniers, Caroline Wildemeersch and Damien Stas de Richelle will join Laurius from Ambos. In one fell swoop, we broaden our core expertise and strengthen our position as a leading national law firm.
Click here for the press release.