AKD has assisted Neways as sole legal advisor on the recommended public offer by Infestos. A team led by M&A partner Lennart Crain has advised Neways from the beginning of the talks with VDL until the execution of a merger protocol with Infestos.

According to Neways’ press release, Infestos and Neways believe that the Transaction is in the best interest of the Neways Group, the continued and sustainable success and long-term value of its business, taking into account the interest of all its stakeholders, and by Infestos becoming the majority shareholder of Neways it will provide strategic and other benefits to Neways and its business.

The Offer is expected to complete in the second half of 2021.