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Laga assists Hansea with exit process of majority shareholders

Taking on your challenges

7 June 2019

Laga is proud to have advised Hansea, an Antwerp based leading Belgian public transport operator, during the exit process of its two majority shareholders, Gimv and Cube Infrastructure Fund. Following a competitive auction process, Gimv and Cube will sell their participations to DWS, a global infrastructure manager, who will take over the lead as shareholder-investor.

The Hansea management, together with Gimv and Cube (who acquired Hansea back in 2014), oversaw the company's growth into the largest private bus company in Flanders (a fleet of 811 buses and around 1,200 employees). Once the transaction is completed, the Hansea management will aim to continue to build on the growth trajectory they established over the past few years together with the new investor, DWS.

Laga fielded a multidisciplinary team from the Corporate - M&A practice consisting of Tim Baart (Partner), Wouter D’herde (Senior Associate) and Bert Verhoeven (Associate) and Employment, pensions and benefits experts Sofie Bontinck (Counsel) and Thomas De Donder (Senior Associate).

More information is available on the Gimv and De Tijd websites.

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