Baker McKenzie Advised Zevenwouden and Noorderlinge Verzekeraars on Their Sale to De Goudse

Baker McKenzie Advised Zevenwouden and Noorderlinge Verzekeraars on Their Sale to De Goudse

Baker McKenzie advised Zevenwouden and Noorderlinge verzekeraars on the sale of their insurance portfolio, including its insurance broker operations, to De Goudse Verzekeringen.

The transaction involves the acquisition of the insurance portfolio of AFOS Zevenwouden U.A., including its insurance broker Noorderlinge verzekeraars, by De Goudse Verzekeringen. This strategic move is expected to strengthen De Goudse’s presence as a regional label while continuing to deliver high-quality products and services to its customers, independent advisers, and delegated underwriting partners.

Following completion of the transaction, Zevenwouden and Noorderlinge verzekeraars will continue their operations under the name De Noorderlinge as part of De Goudse. While the name will change, the identity, regional focus, and office location in Leeuwarden will remain the same. The acquisition is pending regulatory approval. The intended transfer date is July 1, 2026.

Baker McKenzie Amsterdam advised Zevenwouden and Noorderlinge verzekeraars on all legal matters related to this transaction and this transaction adds to Baker McKenzie’s continued track record advised on complex Dutch insurance transactions, including portfolio transfers and regulated M&A.

The Baker McKenzie team was led by Mohammed Almarini (Partner), and included Renske Boesten (Associate), Alexis Gavriilidis (Associate), Daan Paquay (Associate), Tim Alferink (Partner), Willem van Rees (Associate), Thijs Bogaers (Legal Director), and Lotte Dümmer (Associate).

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