London—Dentons has advised Hays plc (“Hays”) on the sale of its operations in the Czech Republic, Denmark, Hungary, Luxembourg, Romania and Sweden to Meraki Capital.
The transaction forms part of Hays’ ongoing programme to reshape its country portfolio. Following completion, Hays will continue to focus on its remaining core countries.
Rachel Ford, General Counsel and Company Secretary at Hays, commented: “This was a strategically important and highly complex transaction involving multiple businesses, jurisdictions and stakeholders. Dentons worked closely with our team throughout the process, providing pragmatic and commercially focused advice and helping us navigate the challenges of delivering a coordinated transaction across six countries. We were very pleased with the service.”
Neil Nicholson, UK Corporate partner at Dentons, commented: “We are delighted to have supported Hays on this strategically important transaction. The sale of operations across six European countries required close coordination across multiple jurisdictions, and it was a pleasure to work alongside the Hays team to deliver an outcome that supports the continued reshaping of its country portfolio and focus on its core markets.”
The Dentons team advising Hays was led by UK Corporate partners Neil Nicholson and James Vernon and included Corporate associate Katie Henson and trainee Tiara Mistry; TMT senior associates Thomas Winstanley and Matthew Gilhooly, and associate Rebecca Byrne; Employment partner Hannah Harris, counsel Jane Bowen, senior associate Victoria Middleditch and trainee Atlantis O’Neill; and Tax consultant John Finnick.
