International law firm Clifford Chance has advised its longstanding client Rivean Capital (‘Rivean’), a leading European private equity investor, on its intended acquisition of Wilvo Group (‘Wilvo’), a leading provider of engineered metal components and systems for high-tech applications focusing on high-mix, low volume series. Together with Wilvo’s existing management team, Rivean will acquire the shares from existing shareholders including Borromin Capital.
Wilvo serves a variety of OEM (Original Equipment Manufacturer) customers and tiered suppliers in industries such as semiconductor, industrial automation, medtech, textile and agriculture. Since 2020, Wilvo completed five acquisitions, now housing a broad set of advanced production technologies and machining capabilities, as well as value-added services. Completion of the transaction is subject to obtaining merger clearance.
The Clifford Chance core team was led by Tim Heerschop and consisted of Stephanie Horowitz, Nancy Stoke, Lotte van den Berg, Robert Bulte, Dolyne Munyampeta (Corporate), Stern Flik, Cile Arnoldy (Tax), Sanne Blankestijn, Iga Mamczarz (employment), Folko de Vries and Yasmin Johnson (Finance). The wider team consisted of Jurre Jurriëns, Bram van der Beken, Fiorri Michael (Antitrust), Tjerk de Jonge, Sabrina Spoor (Notarial), Bruno Weisser Lopez (Corporate), Floris van de Bult, Marte Schaaf, Wijnanda Rutten (Employment & Pensions), Liesbeth Buiter, Gülsah Vural, Kris Soomers (Projects), Michiel Sunderman (Tax), Andrei Mikes and Laura Bredschneijder (Tech//Digital).
