Global law firm Clifford Chance has advised EQT (via the EQT Mid Market Europe fund), on the sale of its majority stake in Dunlop Protective Footwear, a leading global manufacturer of protective wellington boots, to Gilde Equity Management. The transaction is subject to customary conditions and approvals.
Headquartered in Raalte, the Netherlands, Dunlop’s boots are sold via distributors to mainly professional customers in the Agriculture & Fishery, Food Processing, Functional Leisure, Industry, and Oil, Gas & Mining sectors. With over 400 employees and production sites in the Netherlands, Portugal, and the US, Dunlop serves customers in over 50 countries.
The Clifford Chance team was led by Jeroen Thijssen and further consisted of Ernst van der Touw, Robin Traas, Ruben van Diepen, Marguérite Elias, Jasper Leistra (Corporate M&A), Jurre Jurriens, Fiorri Michael (Antitrust), Michiel Sunderman, Stern Flik and Alec Sanderson (Tax), Floris van de Bult, Sanne Blankestijn and Inge de Bruin (Employment).