Insights & news

Van Bael & Bellis assists CleanLease on the acquisition of the Malysse Group

  • 23/10/2019
  • News

Our corporate M&A team successfully assisted CleanLease, provider of integrated textile products and services and portfolio company of Dutch private equity fund ACC, in relation to its acquisition of the Belgian Malysse Group.  The Malysse Group is the leader in textile management in the health care sector in Belgium.  This acquisition, as well as the simultaneous acquisition of Lips+ in the Netherlands, will allow CleanLease to excel as a high-quality expert in the field of textile care and logistics.  In addition, the CleanLease group will considerably expand its geographical coverage in the Benelux.  The official press release can be found here.

 

The deal team consisted of Van Bael & Bellis partner Michel Bonne and associates Sarah Arens, Hannelore Matthys, Sara Beutels and Mathias Hanson.

Key contacts

Related practice areas

Related insights

Sign up for updates
    • 24/03/2020
    • News

    Covid-19 | Some initial corporate and finance considerations

    Over the last few weeks, virtually all M&A transactions have come to a halt. In some instances, the parties opted to await the impact of the crisis. In other instances, the financing banks withdrew from the deal, or were only willing to finance at significantly more onerous conditions. It is beyond doubt that M&A activity will be down significantly during the coming few months. However, it is also the expectation that the current crisis will create a host of possibilities as from the second half of the year, if not earlier. Whatever the outcome, the M&A market will likely be very different at the other end of this crisis, be it in terms of acquisition structures, multiples (how to calculate, for instance, normalised working capital or EBITDAs in the current circumstances), financing terms and leveraging, and transaction dynamics in general. With decades of expertise in strategic negotiations for companies in difficulties and in judicial reorganisations, our corporate M&A team will be happy to assist you in identifying solutions. In attachment, we provide an overview of legal and strategic concerns that may be useful from a corporate and finance perspective.

    Read more
    • 10/02/2020
    • News

    Michel Bonne, head of the Van Bael Bellis corporate M&A practice, moderates a panel on cross-border distressed M&A transactions at the 8th IBA European Corporate and Private M&A Conference in Paris

    On 6 February 2020, Michel Bonne, head of the Van Bael Bellis corporate M&A practice, moderated a panel on cross-border distressed M&A transactions at the 8th IBA European Corporate and Private M&A Conference in Paris. The panel addressed key topics on distressed M&A transactions, including the EU legislative framework, the pre-insolvency process, relationships with creditors, the distressed M&A process and the transfer of employees. The IBA Conference was attended by over 500 corporate M&A lawyers from across the globe.

    Read more

Subscribe to our updates

Please select the practice areas you are interested in: *