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CMS assisted Maxi Toys with respect to cross-border restructuring

19/04/2021

Nearly one year ago, CMS started assisting the Maxi Toys group with head offices in Belgium and more than 200 shops and 1.200 employees spread over Belgium, France, Luxembourg and Switzerland with respect to a cross-border restructuring. A judidical reorganisation covering different companies of the group in Belgium and France was initiated in Mons where the head offices of the group were located. The intention of the management was to save the continuity of the group, brand and its employees through a forced sale. In September 2020, the majority of the stores and personnel of Maxi Toys Belgium and France as well as the headquarter and distribution center activities in Belgium were purchased by King Jouet, a subsidiary of Prenatal Retail Group. With the subsequent transfer of the shares of Maxi Toys Luxembourg in October 2020 and the transfer of the shares of Maxi Toys Suisse in February 2021, Maxi Toys is now fully integrated in the Prenatal Retail Group. We are proud on this achievement and wish Maxi Toys all the best with the development of its activities across Europe. 
 
The CMS team that assisted Maxi Toys included Virginie Frémat and Pieter Dieltjens as well as Elke Duden and Caroline Debehault and many other colleagues of the Belgian, French, Swiss and Luxemburg offices.

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