DLA Piper advises VDK Groep on acquisition of leading construction equipment provider Builtech

DLA Piper has advised VDK Groep, a leading Dutch installation and service business, on its acquisition of European construction specialist Builtech, a leading technical building equipment provider, specialising in integrated construction, installation technology and renovation services for commercial and residential projects. This acquisition marks a significant step in VDK Groep’s ongoing expansion into new European markets and consolidates its position in the Netherlands as it moves towards becoming a market leader in installation technology in the country.

The acquisition of Builtech adds a complementary portfolio of services and local capabilities in Germany, Sweden, Austria and Switzerland, enabling the combined group to scale operations and enhance cross-border delivery capabilities. Through this acquisition, VDK Groep will have more than 7000 employees, 150 local companies and around 2 billion Euros in revenues.

The transaction is subject to regulatory approvals.

VDK Groep, founded in 2013 and headquartered in the Netherlands, is a rapidly growing platform. The group focuses on mission-critical construction, maintenance and renovation services with a strong presence across the Benelux region.

A cross-border and multidisciplinary DLA Piper team from Germany, Amsterdam and Stockholm co-led by corporate partners Casper Hamersma, Lars Jessen and Till Burmeister supported by legal director Michiel Ruhaak, counsel Daniel Osmanovic and associates Felix Groppenbächer, Jasper van Adrichem and Sanne Steenhorst (all Corporate).

Additional support was provided by partners Semin O (Lit&Reg), Dr Thilo von Bodungen, Dr Nico Brunotte (both IPT), Dr Henriette Norda (Employment), Gabriel Liska (Corporate), counsels Dr Enno Ahlenstiel, Dr Thilo Streit, Florian Prischl (all Lit&Reg), Georg Haberkorn, Jörn Manhart (both Employment), Sven Bischoff (Tax) and Patrick Reuter (Finance), of counsel Stefanie Tapella (IPT), legal director Martijn van Wanroij (Lit&Reg), senior associates David Schele, Monika Marincic (both IPT), Muhammet Yavuz (Real Estate), Ilgin Ayhan (Finance), Dr Danial Doostkam, Alexis Hekmatfar (both Corporate), associates Çağla Demir-Köse, Christian Scheucher (both Lit&Reg), Cora Sprengart, Franziska Golombek, Lennart Buchholz (all Employment), Jerome Bieler, Aaron Eidem, Max Tuinstra (all Corporate), Jonas Riesenkampff (IPT) and Tina Popp (Real Estate).