DLA Piper advised VDK Groep on acquisition of leading construction equipment provider Builtech
DLA Piper advised VDK Groep on acquisition of leading construction equipment provider Builtech
DLA Piper has advised VDK Groep, a leading Dutch installation and service business, on its acquisition of European construction specialist Builtech, a leading technical building equipment provider, specialising in integrated construction, installation technology and renovation services for commercial and residential projects. This acquisition marks a significant step in VDK Groep’s ongoing expansion into new European markets and consolidates its position in the Netherlands as it moves towards becoming a market leader in installation technology in the country.
The acquisition of Builtech adds a complementary portfolio of services and local capabilities in Germany, Sweden, Austria and Switzerland, enabling the combined group to scale operations and enhance cross-border delivery capabilities. Through this acquisition, VDK Groep will have more than 7000 employees, 150 local companies and around 2 billion Euros in revenues.
The transaction is subject to regulatory approvals.
VDK Groep, founded in 2013 and headquartered in the Netherlands, is a rapidly growing platform. The group focuses on mission-critical construction, maintenance and renovation services with a strong presence across the Benelux region.
The DLA Piper team was led by from Germany, Casper Hamersma (Partner), Lars Jessen (Partner), Till Burmeister (Partner), and supported by Michiel Ruhaak (Legal Director), and Daniel Osmanovic (Counsel), and Felix Groppenbächer (Associate), and Jasper van Adrichem (Senior Associate), and Sanne Steenhorst (Junior Associate).
Additional support was provided by Semin O (Partner), Dr Thilo von Bodungen (Partner), Dr Nico Brunotte (Partner), Dr Henriette Norda (Partner), Gabriel Liska (Partner), and Dr Enno Ahlenstiel (Counsel), Dr Thilo Streit (Counsel), Florian Prischl (Counsel), Georg Haberkorn(Counsel), Jörn Manhart (Counsel), Sven Bischoff (Counsel) and Patrick Reuter (Counsel), of Stefanie Tapella (Counsel), and Martijn van Wanroij (Legal Director), and David Schele (Senior Associate), Monika Marincic (Senior Associate), Muhammet Yavuz (Senior Associate), Ilgin Ayhan (Senior Associate), Alexis Hekmatfar (Senior Associate), and Dr Danial Doostkam (Associate), and Çağla Demir-Köse (Associate), and Christian Scheucher (Junior Associate), and Cora Sprengart (Associate), Franziska Golombek (Associate), Lennart Buchholz (Associate), Jerome Bieler (Associate), Aaron Eidem (Associate), Max Tuinstra (Associate), Jonas Riesenkampff (Associate) and Tina Popp (Associate).
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