NautaDutilh assisted funds advised by Astorg on the deal.
Astorg has signed a definitive agreement in partnership with management to acquire a majority stake in Normec Group (“Normec” or the “Group”), a leading provider of testing, inspection, certification and compliance services headquartered in the Netherlands, from global growth equity investor Summit Partners.
Astorg is a European private equity group, with offices in London, Paris, Luxembourg, Frankfurt and Milan. Astorg will partner with Normec’s founder Joep Bruins, who will remain a shareholder in the Company, and Normec’s management team. The contemplated transaction is subject to regulatory approvals and is expected to close in 2020Q3 Additional terms of the transaction were not disclosed.
NautaDutilh with a fully integrated Belgian and Dutch team, led by Partner Joost den Engelsman (Picture), worked alongside Latham & Watkins (London) and EY, completing the legal diligence and negotiations on the transaction documents within 7 days.
Involved fees earner: Joost den Engelsman – NautaDutilh;
Law Firms: NautaDutilh;
Clients: Astorg Partners;