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AKD

PO BOX 59280, 1040 KG AMSTERDAM, NETHERLANDS
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Work +31 88 253 5000
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Fax +31 88 253 5001
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www.akd.nl

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Remex Benelux buys Heros Beheer and Heros Energy

June 2012

On 20 March 2012, a transaction was concluded with the Dutch Competition Authority (Nma) which resulted in Remex Benelux GmbH, part of the Remondis group, acquiring all of the outstanding shares in the capital of Heros Beheer B.V. and Heros Energy B.V.

In this transaction, AKD appeared for the vendors; its team was led by Carlos Pita Cao.

Heros Beheer and its subsidiary companies, including Heros Sluiskil B.V. and Ecopark Terneuzen B.V., all of which are based in Sluiskil, form the Heros Group together with Heros Energy B.V. This is a group of companies whose services included the processing of waste (including scrap and metals), the collection and reprocessing of bottom ash from waste processing plants (AVI Bottom Ash), the recovery and sale of metals contained therein, the purchase and processing of scrap and the processing of construction materials, water purification and waste water purification. It is also involved in harbour activities in the Netherlands, Belgium and Germany. Heros Energy operates its own 10 kV power stations on behalf of the other group companies. The group has a turnover of approximately 50 million euro.

Remex Benelux GmbH is part of the Remondis Group (one of the largest professional service providers in the world operating in the water supply and water purification sector. It is also involved in the extraction of raw materials from waste and in the development of innovative recycling products. With more than 500 plants in 28 countries on three continents, it has a workforce of approximately 40,000 employees). Remex Benelux GmbH is also involved in the removal, transport, separation and processing of all kinds of mineral residues, including AVI Bottom Ash. It also reprocesses AVI Bottom Ash to render it usable as a secondary construction material, and is involved in the recovery and sale of metals contained therein as well as in the sale of the final recycled AVI Bottom Ash, while also providing services in the recultivation of used gravel pits and stone quarries.

Other members of the AKD team, aside from Carlos Pita Cao, were François Koppenol, Laura de Jong, Kirsten Klinkers and Annemiek Adam (Corporate Law practice in Rotterdam), Pieter Huys and Marielle van Winden (Labour Law, Rotterdam), Gerrit van der Veen (Regulatory and Governmental Affairs, Rotterdam), Richard Avezaat and Floris van Westrhenen (Construction and Real Estate, Rotterdam), as well as Monique Verkuilen and Jules van de Winckel (Corporate Law notarial practice, Rotterdam).


About AKD
Employing a team of 200 lawyers and civil-law notaries, AKD is one of the largest legal services providers in the Netherlands. Based on a comprehensive service model and a personal approach, the firm provides high-quality services to its clients in virtually all legal areas. AKD maintains branches in Amsterdam, Breda, Eindhoven, Rotterdam, and Brussels.

For more information, please go to www.akd.nl.

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