Cologne – The European subsidiary of Japanese CNC machine tool maker Okuma has acquired Dutch company Gelderblom CNC Machines B.V. The current Gelderblom site in Houten, the Netherlands, will manage all of Okuma’s restructured sales and service processes in the Netherlands, Belgium and Luxembourg. The parties agreed not to disclose details of the purchase price.
A CMS team headed by Dr Malte Bruhns advised Okuma Europe GmbH on all legal aspects of the cross-border transaction. A team led by Christian Delgado from CMS Amsterdam covered the Dutch aspects of the transaction. This is the second acquisition that Okuma has made in the past twelve months with the assistance of a substantial CMS team.
Japan-based Okuma describes itself as one of the world’s leading manufacturers and distributors of CNC machine tools, CNC control units, automation technology and servo motors. The company has more than 3,000 employees worldwide.
Dr Malte Bruhns, Lead Partner
Laura Christin Stein, Senior Associate, Co-Lead
Philipp Kunick, Associate, all Corporate/M&A
Kai Neuhaus, Partner, Competition & EU
Isabelle van den Hoogen
Bob van Zijl, all Corporate/M&A
F. van Assendelft de Coningh
P. B van den Bos
S.M. van Berkel-van de Meer