CMS has advised GEA group on the acquisition of De Klokslag in the Netherlands.
GEA Group Aktiengesellschaft is one of the largest suppliers of equipment for the food industry as well as a wide range of other process industries. As an international technology group, the Company focuses on process technology and components for sophisticated production processes. In 2013, GEA generated consolidated revenues in excess of EUR 4.3 billion, more than 70 percent of which came from the food sector, which is a long-term growth industry. The group employed about 18,000 people worldwide as of June 30, 2014. GEA Group is a market and technology leader in its business areas. It is listed in Germany’s MDAX stock index (G1A, WKN 660 200) and the STOXX® Europe 600 Index.
De Klokslag is a leading supplier of large scale equipment for semi-hard cheese production in Europe. De Klokslag is well known to GEA, as both companies have cooperated in the market at various occasions over the past decade.
Corporate partners Cecilia van der Weijden and Christian Delgado led the team, consisting of Dominique van Voorst tot Voorst (Corporate), Priamo Boi and Ramon Pop (Real Estate), Barbara Veldmaat and Fleur van Assendelft de Coningh (Employment), Gordon Tichelaar and Erwin van Elst (Notarial), Rogier de Vrey (IP/TMC) and Nienke van Renssen (Environmental law). Further team members assisting on the due diligence investigations include: Eline Brenders, Julie van der Touw, Herman van Aerts, Abbas Ali Hyder.