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.
Following a reform as per 1 January 2018 of Dutch tax law, dividend withholding tax (DWT) should now also be charged on profit distributions by holding cooperatives, but it also favorably extends
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: