The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

AKD

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

Show all Press releases

AKD advises shareholders AB OVO International with takeover by Nordian Capital Partners

July 2015

Ab Ovo is an international provider of enterprise software solutions serving the distinctive markets of transport and logistics and offers best-of-breed third party technology solutions for complex issues in the areas of planning, scheduling and optimization (Advanced Planning and Scheduling or 'APS') to, amongst others, rail cargo operators, shipping companies, and a variety of passenger transport companies and infra providers. Ab Ovo has a work force of over 100 employees in the Netherlands and Germany, Ab Ovo caters to blue chip clients across Europe, including the Benelux, Germany, Denmark, Norway, Sweden, Finland, Croatia, United Kingdom.

Nordian Capital Partners (formerly Rabo Capital) is a Dutch private equity fund backed by its funders Rabobank, Commonwealth Investments, a multi-family office, and PGGM Asset Management, a Dutch asset manager that manages the pension fund for the healthcare sector, PFZW. Portfolio companies of Nordian include Chrysal (post-harvest cut-flower nutrition and preservatives), Kipp & Zonen (solar and atmospheric measuring instruments), Redwave (professionals for energy sector), Vandervalk+Degroot (drain and sewer cleaning), Unicorn Grain Specialities (treated grains), Coppens (fish feeds), Luzac (private education), Bangkok Ranch (Peking ducks), and Koop (water management).

The transaction and Ab Ovo's partnership with Nordian will provide access to additional capital and resources to support the next phase of the Company's growth. This includes the ramp up of APS capabilities, consolidate its uncontested leading position in RCS with new and existing customers, and establishing a footprint in high potential growth markets in new - logistics related - sectors.

Led by Nathalie van Woerkom and Selma Baouch, the AKD team that assisted with this transaction also included Angelique Martens and Rachida el Mokhtari of the notary department.

Legal Developments by:
AKD

Legal Developments in Netherlands

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • New Late Payments Directive

    Despite the implementation of Directive 2000/35/EC on combating late payment in commercial transactions in 2002, the European Commission (the “Commission”) concluded in 2008 that late payments were still widespread in the EU. It also turned out that public authorities in certain Member States were stipulating unjustifiably long contractual payment periods for transactions.
  • Amendment of the Collective Redundancy Notification Act

    On 1 March 2012 the Collective Redundancy Notification Act (Wet Melding Collective Outslug, "WACO") will be amended. What changes does this involve?
  • New Corporate Law Legislation

    In the field of corporate law, there are four (coming) Acts that attract attention, namely the introduction of the tenth book of the Dutch Civil Code, the amendment of the Marital Property Act and, to conclude, the coming entry into effect of the Management and Supervision Act and the Flexibilization of BV Act. Please find below a short explanation of each Act.
  • Shipping & Transport - Netherlands

    Attaching maritime assets in insolvency
    - AKD
  • The employment of foreign workers. What issues do you need to be aware of as an employer?

    The employment of foreign workers regularly raises questions. A brief summary of the most important areas of attention will be dealt with in this article.
    - AKD
  • Non-solicitation agreement violated via LinkedIn

    A non-solicitation agreement usually restricts the ability of an employee - after an employment contract has ended - to approach the clients of the former employer. The former employee of a software company recently discovered that the scope of such an agreement can also include contacts made via LinkedIn.
    - AKD
  • NETHERLANDS AS A GLOBAL FINANCE CENTRE

    Few jurisdictions can boast a foreign direct investment record like the Netherlands. As the world's seventh largest inward receiver of investments, housing approximately 9000 foreign-owned companies, the country's dynamic business environment provides an invaluable insight into macro investment trends.
    - AKD
  • Forming a company in the Netherlands

    The Netherlands and Dutch law The Netherlands is a perfect business location for foreign entrepreneurs (2,000 subsidiaries in Amsterdam, 140,000 jobs). It is the gateway to densely populated Western Europe and has a well-developed logistic and technical infrastructure.
  • Leasing of commercial premises in the Netherlands

    Normal 0 false false false EN-GB X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman","serif";} Dutch Law distinguishes two categories of commercial premises. Depending on the type of premises or the purpose for which it is used, they are referred to as:
  • Employment of foreign workers in the Netherlands

    The employment of foreign workers in the Netherlands regularly raises questions. What issues do you need to be aware of as an employer? A brief summary of the most important areas of attention will be dealt with in this article.
    - AKD