Amsterdam office advised Tacx on the sale of all of its outstanding shares to Garmin Ltd.

AMSTERDAM – April 2, 2019 – The Amsterdam office of Greenberg Traurig, LLP represented Tacx family on the sale of all of its outstanding shares in the Tacx group to Garmin Ltd.

Tacx is a privately-held Dutch company and one of the world’s leading manufacturers of indoor bike trainers, tools and accessories, as well as indoor training software and applications.

Led by Hans Urlus and Thédoor Melchers, the team also included shareholder Alex Westerman, and associates Teresa Charatjan and Jeroen den Dunnen.

Tacx is a longstanding client of the firm. The acquisition of Tacx with its complex and innovative products and services as regards indoor cycling training, allows Garmin to expand into the indoor training segment, and gives Tacx the strong distribution platform it needed to support the fast growth of its international sales.

About Greenberg Traurig’s Corporate Practice

Greenberg Traurig’s Corporate Practice comprises more than 450 lawyers in the United States, Europe, Asia, the Middle East, and Latin America who regularly advise public and privately held companies, entrepreneurs and investment funds on global mergers and acquisitions, corporate restructurings, private equity and venture capital, underwritten and syndicated offerings, commercial finance and syndicated lending, cross-border transactions, and general corporate matters. The group’s industry experience includes transactions in a wide range of fields, from the pharmaceutical, medical devices, and life sciences fields, to representations involving clients in the aviation, banking, consumer products, energy, food and beverage, health care, manufacturing, media, technology, and telecommunications sectors.

About Greenberg Traurig, LLP

Greenberg Traurig, LLP (GT) has more than 2,000 attorneys in 39 offices in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. Web: www.gtlaw.com; Twitter: @GT_Law.