Buy-Out Co-Shareholder Under Pressure of Bank

Client: Majority shareholder

Industry: Wholesaler fastening products

The majority shareholder instructed Nederhof to draw up an amicable valuation of the shares and conduct negotiations. The relationship between the parties had been severely upset and the bank had given a deadline for resolving the issues. After 24 hours of intensive negotiations with the advisor to the minority shareholder Nederhof succeeded in reaching agreement on the main points of the buyout. By means of a carve-out part of the stocks and business became part of the deal.

The legal specifics of the agreements made could be completed shortly afterwards because Nederhof had already laid down the basic arrangements for the lawyers/advisors (M&A specialist) hired by both parties. The bank accepted the transaction.