The nominees for the prestigious M&A awards 2011 have been published! The sale of Majestic to BUNZL has been nominated for Best Deal Midmarket 2011.
DB&S Corporate Finance advised the shareholders of Majestic. The transaction was announced on August 30, 2011 before the opening of the financial markets. After the authorities advised positive the deal was finalized on September 23rd.
Majestic (www.majestic.nl) is a wholesaler of personal protective equipment (PPE), including work gloves, hearing protection and helmets. Majestic was owned by the three brothers Kruiniger. Majestic operates from offices in the Netherlands, Belgium, Germany and the United States. Majestic is the leading supplier of companies that directly sell to the end users. In 2010 the sales amounted to approximately Euro 63 million.
Majestic was advised by:
DB&S Corporate Finance (dealmaker): Jan-Pieter Borst (partner) and Frank Ruijgrok.
Holland Van Gijzen Lawyers and Notaries (legal NL): Sijmen de Lange (partner), Antoinette van Beest and Hjalmar Florijn.
Andrews Kurth LLP (legal US): Mark Solomon (partner) and Peter Bogdanow.
Ernst & Young (vendor due diligence): Maurice van der Hoek (partner) and Huub Timmer.
Bunzl (www.bunzl.com) is a wholesaler to the food and non-food industry, food retail and foodservice markets. Bunzl is listed in London, and active worldwide. In 2010 sales amounted to approximately £4.8 billion.
Bunzl was advised by:
De Brauw Blackstone Westbroek (legal NL): Berend Crans (partner), Ferdinand Hengst en Quirijn Bongaerts.
Hunton & Williams (legal US): Sean Beard (partner).
Hengeler Mueller (legal Germany): Christian Moeller.
Altius (legal Belgium): Kurt Grillet en Tom Vantroyen.
KPMG (due diligence and Corporate Finance): Robert Brent (partner) and Danny Bosker (partner).
The nominees for the Best Deal Midmarket are:
Alpha, AlpInvest & Management - Hans Anders
Bunzl - Majestic
Gilde - Teleplan
IK & Management - Doedijns
NPM & Management - Kiwa
Pon - Gazelle
Which of the nominated deals will eventually win will be announced during the M & A Awards Gala Dinner 2011 on December 15 in the Krasnapolski hotel in Amsterdam. The results will be published in the FD of December 16.
Below are some links to press releases:
http://tinyurl.com/82ydzlh
http://tinyurl.com/822oaw2
http://tinyurl.com/72bya89