Global law firm Clifford Chance has advised Dutch investment company Parcom on the sale of its 50% shareholding in HEMA to Mississippi Ventures, the investment vehicle of the van Eerd family and owner of Jumbo. Parcom has held this participation for approximately five years together with the van Eerd family, who will now obtain full ownership of HEMA.
The proposed transaction is subject to customary conditions. Read more about the transaction here and here.
The Clifford Chance team was led by Stephanie Horowitz and further comprised of Tjerk de Jonge, Femke Buijs, Jorrit Ponjee (Corporate), Sanne Blankestijn (Employment), Jurre Jurriëns (Antitrust), Stern Flik and Cile Arnoldy (Tax).
In 2020, Clifford Chance has also advised Parcom on the conditional agreement with HEMA bondholders on the acquisition of HEMA.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
