Buren advises Wepa-Gruppe on the acquisition of Van Houtum, one of the few remaining independent paper factories in the Netherlands.
Van Houtum, with yearly sales of around EUR 60 million and 200 employees, is specialized in the production and sale of toilet paper and tissues. With the acquisition by Wepa Gruppe Van Houtum will become part of a company with annual sales of over EUR 1 billion and approximately 3000 employees.
The acquisition is still subjected to merger control approval.
In a draft bill published on 16 May that is now open for public consultation several changes are proposed that will have a significant impact on the Dutch tax treatment of profit distributions by legal entities that are organized as a cooperatives,
Following several long-awaited decisions in the Credit Suisse cases on 21 April 2017 the Dutch Supreme Court has provided useful guidance to international financing transactions involving Dutch borrowers and lenders. Situation
In April Chambers and Partners published the rankings of the Europe Guide 2016 and the Global Guide 2016. Buren is recommended in both: