Amsterdam - March 21, 2023 – Global law firm Greenberg Traurig, LLP’s Amsterdam office advised Dutch Voortman Group, a leading supplier of steel fabrication solutions, in the sale of its steel construction division to Severfield plc, a leading UK structural steel company listed on the London Stock Exchange.
The acquisition of Voortman Group is reported to be a significant strategic move for Severfield, as it expands its presence in Europe and strengthens its position in the global market. Voortman Group's innovative technology and extensive customer base will allow Severfield to offer a broader range of solutions and services to its clients, while also enabling the company to leverage Voortman's expertise in automation and digitalization, the company reported.
Greenberg Traurig's mergers and acquisitions (M&A) team, including shareholders Thédoor Melchers (lead counsel), Shareholders Thomas van der Vliet, Thomas Timmermans, Coco van Zuiden, Hans Urlus, Jelmer Kalisvaart, Local Partner Alette Kroese, Senior Associates Suzanne Walstra and Rutger Sterk, and Associate Annahita Mazaherinejad, advised Voortman Group throughout the acquisition process, in close cooperation with Corporate Finance Boutique “Breliant.” The team provided legal counsel on various aspects of the transaction, including advice on notarial, employment, competition law, real estate, and equity capital market aspects of the transaction.
“We are pleased to have advised Voortman Group on this significant transaction,” Melchers said. “Our team has extensive experience in advising on cross-border M&A transactions, and we look forward to expanding this experience to further serve our clients.”