Global law firm Clifford Chance is advising Blue Sky Group, a specialist in the field of pension administration, on the intended sale of its asset management activities to Achmea Investment Management (“Achmea IM”), a leading player in the Dutch fiduciary and asset management market.
The intended sale follows on Blue Sky Group’s strategic choice to focus entirely on pension management. With the transition to Achmea IM, asset management for the three KLM pension funds is guaranteed and the involved employees of Blue Sky Group will work in an environment that does justice to their expertise and offers room for further development.
The intended sale is expected to be completed before the end of 2024 and is subject to approval by the relevant regulators and advice from the relevant works councils of Achmea IM and Blue Sky Group.
The Clifford Chance team was led by Jeroen Thijssen and further consisted of Robin Traas, Mies Rijperman, Rebecca Sarkis and Martijn van Beusekom. The wider team consisted of Jurgen van der Meer, Robert Smits, Marian Scheele, Erwin Schreuder, Jorrit Posthuma de Boer, Brittany Freling (Global Financial Markets), Hannah van Dijk (Corporate), Michiel Sunderman, Alec Sanderson, Cile Arnoldy (Tax), Floris van de Bult, Astrid van Ommeren, Najib Muslem (Employment), Wijnanda Rutten (Pensions), Mark-Jan Arends, Sabrina Spoor, Zoë van den Broek (Notary), Andrei Mikes, Laura Bredschneijder (Tech//Digital), Jurre Jurriëns and Fiorri Michael (Antitrust).