Van Doorne advised Action shareholders in “M&A deal of the year 2011”

12-21-2011

The takeover of Action by investment fund 3i was voted ‘Best Deal’ during the twelfth edition of the M&A Awards. Van Doorne advised the Action shareholders and founders in the sale of their shares to 3i.

Action is one of the Netherlands’ leading retailers with a unique retail formula that is summarised by the slogan “Verrassend volledig, verbazend voordelig” (“Surprisingly complete, immensely economical”). 3i is a leading international investor with considerable experience in the area of retail, which will enable Action to achieve its objective of accelerated growth in its home markets the Netherlands and Belgium and other European countries.

More than 500 professionals in M&A, corporate finance and private equity gathered in the Krasnapolsky hotel to attend these M&A Awards, which were divided into 16 categories. The winners were praised for their excellent performance over the past year.

The Van Doorne team consisted of partners Onno Boerstra (Corporate), Stefan van Rossum (Banking and Finance), Paul Witteveen (Co-determination), Sarah Beeston (EU aspects) and Corporate associates Mariken van Esch and Sjoerd Kamerbeek.