Mergers and takeovers

Prior to a merger or takeover, GMW Advocaten can advise on the applicable legal, fiscal and financial aspects, allowing for a smooth development and a well-deserved success.

Companies can grow in several different ways; whilst natural expansion is the most commonly preferred way, growth can take place by means of a takeover or merger, as well. This requires careful and complete analysis of all aspects, taking into account all legal, fiscal and financial consequences of the envisioned step. Each of the possible forms, be it a transfer of all assets and liabilities, a complete takeover, a phased takeover or perhaps just a participation will have its pros and cons. In the case of the takeover of a family run business personal goodwill can also be relevant.

Funding the takeover

The financing of the merger/takeover is also significant; a management buy out (MBO), a leveraged buy out (LBO), an asset based lending (ABL) or the participation of a private equity will all have different legal implications and consequences.

Merger and takeover

GMW Advocaten will advise clients in each phase of the takeover procedure, from the drafting of the takeover intention throughout the negotiations to the contracts, the closing of the deal and the legal aftercare. Preparations for a takeover and the ensuing due diligence touch upon other fields, as well; at GMW Advocaten all necessary expertise is in-house, as the different legal teams work closely together. Whenever necessary, external experts will be called upon, as well.