AKD has advised Vitec Software Group on the acquisition of ABS

July 11, 2022

An international team from our Amsterdam, Brussels and Luxembourg offices has advised Nordic software company Vitec Software Group, listed on Nasdaq Stockholm, on its acquisition of ABS Laundry Business Solutions, the global market leader in software for the laundry and textile rental industry active on 5 continents.

The AKD team headed by M&A partner Lennart Crain acted as lead counsel to Vitec. The deal involved over 10 jurisdictions and outside our home jurisdictions our team worked seamlessly with foreign “best friends” law firms.

The core team consisted of Renée Alberts, Wouter Kros, Jurriaan Puijpe, Christiaan Schuurs, (Corporate) Ayzo van Eysinga (Tax), Benoit Charpentier, Nicolas Marchand, Imède El Moudden, Cédric Bless (Corporate), Timothy Speelman, Nathalie Locht (Corporate), Werner Heyvaert (Tax), Ludo Luijks, Maud Plattel (Tax), Renée Schipper (Tech and contracts), Remco Bosveld, Daan ter Wee (Notarial), Pascal van Schaik, Lisanne van Schaik (Employment).

Read the press release here.