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Portrait ofCarl Leermakers

Carl Leermakers


CMS DeBacker
Chaussée de La Hulpe 178
1170 Brussels
Languages Dutch, French, English

Carl Leermakers specializes in mergers and acquisitions and corporate transactional work, inter alia in the energy and ICT sectors. With more than thirty years of experience in M&A within CMS Belgium, his expertise ranges from advising on international corporate structures, over assisting clients in negotiating acquisitions, public offerings and take-over bids, to setting up leveraged buy-outs and exit strategies, tailoring W&I insurances and assessing and negotiating compliance with regulatory requirements. He also conducts litigation related to acquisitions, mostly claims on representations and warranties, including W&I insurance claims. 

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Relevant experience

  • Advising the purchaser in a public takeover bid of a large Belgian banking and insurance company
  • IPO, Europe-wide, of financial instruments representing investments in ‘green energy’
  • Restructuring and refinancing (through tolling and securitisation) for the Belgian operations of an international group, (Legal 500 – 2008)
  • Advising international insurers on representations and warranties insurances linked to acquisitions in Belgium
  • Claims management for international insurers on around 60% of all claims involving, since 2007, more than 100 million EUR exposure for insurers in Belgium
  • Cross-border mergers of Belgian and EU banks and insurance companies
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  • 1990 - Bar admission (Brussels, Belgium)
  • 1990 - Katholieke Universiteit Leuven, KU Leuven (Postgraduate degree in Notarial Law)
  • 1989 - Katholieke Universiteit Leuven, KU Leuven (Law Degree)
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Turning the Corner? CMS European M&A Outlook 2024
We are pleased to share with you the 2024 edition of the European M&A Outlook, published by CMS in association with Mergermarket.
Turning the corner? CMS European M&A Outlook 2024
43% of dealmakers predict a decline in European M&A activity over the next 12 months, whilst 35% foresee an increase, with private equity dealmakers displaying heightened optimism. This time last year...
CMS European M&A Study 2023
The CMS Corporate/M&A Group is pleased to launch the 15th edition of the European M&A Study
Boom & Gloom? CMS European M&A Outlook 2023
We are pleased to share with you the 2023 edition of the European M&A Outlook published by CMS in association with Mergermarket.
Dealmakers bullish despite challenging market conditions
M&A expectations run high: Almost all respondents (88%) are currently considering M&A.Undervalued targets and distressed sales to drive activity: The biggest buy-side driver of M&A is expected to be the...
CMS: European M&A bounced back to pre-pandemic levels, with a return to...
Multi-year analysis by CMS reveals that ‘normal service’ had resumed in European dealmaking as familiar patterns in deal metrics returnPrimary deal driver for transactions is buyers entering a new...
The Road to Recovery: European M&A Outlook 2022
71% of dealmakers agree that private equity (PE) firms are better placed than corporates to take advantage of buying opportunities presented by COVID-19, according to the ninth edition of the European...
CMS European M&A Study 2021: Europe pivots to become more ‘buy­er-friendly’...
Europe has returned to a ‘buy­er-friendly’ environment, similar to the US where more ‘buy­er-friendly’ positions are common, after the COVID-19 pandemic created more risk-averse attitudes. As a...
CMS Belgium assisted Proximus in establishing a partnership with EQT In­fra­struc­ture...
CMS Belgium assisted Telecom operator Proximus in connection with the establishment of a partnership with EQT Infrastructure (through its portfolio company DELTA Fiber) for building a fibre network together...
Who dares wins: European M&A Outlook 2020
The COVID-19 pandemic has taken a heavy toll on European dealmaking activity. However, opportunities remain for those willing to take risks, according to the eighth edition of the European M&A Outlook...
Impact of the Coronavirus on the organization of annual general meetings...
Belgian authorities, like some of their European counterparts, have taken extreme measures to fight the spread of Covid-19, including restrictions on social gatherings. If these strong measures continue...
CMS recognised for outstanding M&A advisory work
CMS has been recognised by Mergermarket for its outstanding M&A advisory work for deals in the value range of EUR 30m-EUR 1bn. Other nominees in this category – “European Mid-Market M&A Legal Adviser...