Leading Associates

Capital markets: equity in Netherlands

De Brauw Blackstone Westbroek

The team at De Brauw Blackstone Westbroek is well-equipped to handle the full range of equity capital markets offerings, acting for a broad roster of listed companies and financial institutions on high-value and cross-border equity-related commercial transactions. Practice head Gaby Smeenk possesses a strong track record in both equity capital markets and M&A transactions, with significant experience advising on IPOs, rights issues and public takeovers. An 'exceptional all-round lawyer', Jaap Barneveld is notable for his experience in IPOs as well as in capital raises during earlier funding rounds.

Praxisleiter:

Gaby Smeenk


Weitere Kernanwälte:

Jaap Barneveld


Referenzen

‘Leading experts for equity capital markets in the Netherlands. The team is highly engaged and very easy to work with.‘

‚Their knowledge is strong, and their commitment and availability are truly outstanding.’

‘De Brauw has the preeminent equity capital markets team in the Netherlands on the issuer side. Their depth of skill, experience and knowledge is unparalleled.‘

Kernmandanten

Ahold Delhaize


CM.com


CTP


Exor


Ferrovial


Goldman Sachs


Groupe Casino


Heineken


IMCD


Jefferies


John Bean Technologies Corporation


Just Eat Takeaway.com


Magnum ice cream company


Morgan Stanley


Pluxee


Qiagen


Rabobank


TenneT


Vopak


Highlight-Mandate


  • Advised Exor on the €3bn sale of its shares in Ferrari through an ABB followed by a €1bn share buyback tender offer to Exor’s shareholders.
  • Advised Heineken on the €1.5bn repurchase of its own shares.
  • Advised CTP on its €300m equity raise through an ABB.

Linklaters

Linklaters‘ capital markets team is capable of handling a variety of high-value equity-linked transactions for a client base of high-profile corporates and financial institutions. Practice head Alexander Harmse ‘stands out for his hands-on approach’ and is regularly called upon by a host of investment banks. Harme is highly experienced in advising the underwriters on significant big-ticket IPOs, demonstrating a deep familiarity with complex, cross-border deals. Other key lawyers in the team include Xu Wang, who is highly sought-after on equity offerings and other equity-linked transactions.

Praxisleiter:

Alexander Harmse


Weitere Kernanwälte:

Xu Wang


Referenzen

‘The team at Linklaters stands out for its ability to run the largest and most complex international deals.‘

‚Their experience in multi-jurisdictional deals is second to none and they are able to pull it off seamlessly and efficiently.‘

‚Their solution-driven mindset and consistency in delivering results all contribute to the team being one of our top picks for the Dutch and cross-border market.’

Highlight-Mandate


  • Advised the underwriting syndicate on the €2.3bn IPO of CVC Capital Partners plc.
  • Advised the underwriting syndicate on the €140m IPO of Theon International PLC.
  • Advising Unilever plc and The Magnum Ice Cream Company N.V. on the proposed spin-off of Unilever’s ice cream business and the planned listings on Euronext Amsterdam, the London Stock Exchange and the New York Stock Exchange.

NautaDutilh

NautaDutilh‘s capital markets team is highly regarded for its capabilities in handling complex multi-jurisdictional and high-value transactions, from IPOs and SPACs to public takeovers. The firm's client base spans a variety of sectors, including technology, pharmaceuticals and financial institutions, with the team particularly experienced in handling significant equity transactions in the US market. Petra Zijp is highly-regarded for her experience in leading complex international transactions, from IPOs to secondary offerings; Antonia Netiv brings expertise in both debt and equity capital markets matters; and Paul van der Bijl has a strong focus on ECM transactions, including IPOs, listings, and SPAC and de-SPAC transactions. The three together co-lead the practice.

Praxisleiter:

Petra Zijp; Antonia Netiv; Paul van der Bijl


Referenzen

‘The team comprises a good mix of talent and experience, all of whom are very smart and hard working.’

‘NautaDutilh has extensive experience in corporate and securities laws relevant for Dutch vehicle holdings being Nasdaq-listed in the U.S.’

‘In-depth understanding of the needs of clients not operating in The Netherlands. Very good interaction from lawyer-to-lawyer with U.S. external counsels in any equity matters subject to the U.S. stock exchange.’

Kernmandanten

ASR


Pharming Group


Younited Financial


MFE


NewAmsterdam Pharma


CureVac


STMicroelectronics


Allego


Vivoryon


FEMSA


AerCap


Merus N.V.


Unibail-Rodamco-Westfield


Inflarx


Triodos Bank N.V.


Onward Medical


Highlight-Mandate


  • Advised Triodos Bank N.V. with the listing of Triodos and admission of the depository receipts on Euronext Amsterdam.
  • Advised Iris Financial S.A. on the merger with Younited S.A. and assisted with the listing and capital injection of Younited Financial.
  • Advised Playa Hotels & Resorts N.V. with entering into an agreement with Hyatt Hotels Corporation, under which an indirect wholly-owned subsidiary of Hyatt will make a tender offer to acquire all outstanding shares of Playa for $2.6bn.

Stibbe B.V. and Business Development

The equity capital markets team at Stibbe B.V. and Business Development has a proven track-record in handling complex and high-value transactions for major corporate, private equity, and financial sector clients. The team is well-versed in leading on high-profile IPOs, public M&A and de-listings, particularly for clients in the sports and pharmaceuticals segments. A longstanding equity transaction expert, Pieter Schütte co-heads the team and demonstrates considerable experience advising on complex and multi-jurisdictional transactions. Fellow co-head Derk Lemstra specialises in assisting on high-profile IPOs and public takeovers. Other notable lawyers in the team include Nora Offergelt, who is experienced in both equity capital markets transactions and M&A.

Praxisleiter:

Pieter Schütte; Derk Lemstra


Weitere Kernanwälte:

Nora Offergelt


Kernmandanten

Advent


Agendia


Azerion


Banijay Group Basic-Fit


BenevolentAI Boussard & Gavaudan Holding Limited


Brigade Capital


Cantor FitzGerald and Evercore


Coca Cola Company


DSM-Firmenich


Egeria


Energy Transition Partners B.V.


FC Barcelona


Global InterConnection Group


International Gemmological Institute (India) Private Limited


InPost


Pershing Square Capital Management


The SCHMID Group


Highlight-Mandate


  • Advised Cantor Fitzgerald and Evercore on Dutch law matters in connection with equity offerings by ProQR Therapeutics N.V.
  • Advised Global InterConnection Group Limited on a potential takeover approach by Global InterConnection Group SA.
  • Advised BenevolentAI S.A. on their delisting from Euronext Amsterdam.

A&O Shearman

A&O Shearman‘s capital markets practice possesses considerable experience in advising a host of issuers on equity-linked transactions, demonstrating particular knowhow regarding Dutch and global market IPOs. Practice head Tim Stevens is highly regarded for his expertise in advising on the full range of equity-related transactions, including IPOs, rights issues, accelerated bookbuilds and public offers. The practice also draws on the equity-linked transaction specialism of Jort de Groodt and David Jacobs, who both possess experience in high-value capital markets deals.

Praxisleiter:

Tim Stevens


Weitere Kernanwälte:

Jort de Groodt; David Jacobs


Kernmandanten

Avantium


NX Filtration


Ebusco


ProQR


NLFI


Meridiam


NEPI Rockcastle


NPM


Prosus


Underwriters to The Magnum Ice Cream Company


Highlight-Mandate


Clifford Chance

Clifford Chance‘s capital markets team is capable of handling complex and high-value equity transactions, with particular expertise in advising on cross-border IPOs, capital raises and sell-downs. The team acts for a client base that includes both issuers and underwriters, spanning a variety of sectors. Leading the practice is Han Teerink, who specialises in IPOs, secondary issuances and buy-back transactions. A further key contact is Serkan Özel, who complements his experience on equity capital markets matters with a core focus on corporate advisory for listed enterprises.

Praxisleiter:

Han Teerink


Weitere Kernanwälte:

Serkan Özel


Referenzen

‘Han Teerink particularly stands out by being very engaged in every transaction.‘

‚Han Teerink’s ability to think alongside us throughout the transactions, offering practical insights, anticipating challenges, and contributing to strategic decisions, adds real value.‘

‚We greatly appreciate Han Teerink’s experience and hands-on and pragmatic approach.’

Kernmandanten

ABN AMRO Bank N.V


Mondelēz International


J.P. Morgan


Morgan Stanley


BNP PARIBAS


Theon International Plc


Goldman Sachs


ING


Stedin


Pegasus Digital Mobility Acquisition Corp.


Highlight-Mandate


  • Advised the underwriters on Aegon’s successful €700m selldown in ASR Nederland through an accelerated bookbuild offering of 12.5 million shares to qualified institutional investors.
  • Advised ABN AMRO, BNP Paribas and Stifel Europe as Joint Global Coordinators on Avantium’s €84.8, equity raise by means of a fully underwritten and committed rights offering for an amount of €65.4 million, and the completion of a €19.4 million additional placement.
  • Advised Mondelēz International on the sale of its 86 million shares in JDE Peet’s for €25.10 per share, to JDE Peet’s majority shareholder JAB.

Houthoff

Houthoff demonstrates experience advising on a broad range of equity-related transactions for a host of international issuer clients. The practice is particularly well-versed in handling SPAC and de-SPAC transactions, while corporate re-domiciliation is a further area of expertise. Leading the practice is Jetty Tukker, who is highly sought after for her expertise in IPOs, secondary offerings, and on securities regulation. The team also calls upon Alexander Kaarls, who is well-versed in cross-border equity transactions. Willem Liedenbaum transferred to the firm’s New York office in January 2026.

Praxisleiter:

Jetty Tukker


Weitere Kernanwälte:

Alexander Kaarls


Referenzen

‘Great collaboration, proactive approach ’

‘Jetty Tukker is an excellent practitioner, with deep knowledge and understanding of her field.‘

‘Competent, punctual, and polite. It is a pleasure to work with them; they are now our go-to people in the Netherlands.’

Kernmandanten

The London Tunnels PLC


Brembo N.V.


European Healthcare Acquisition & Growth Company B.V.


Corre Energy B.V.


Renewi PLC


Davide Campari Milano N.V.


Highlight-Mandate


  • Advised European Healthcare Acquisition & Growth Company B.V. on an aborted de-SPAC transaction/business combination with the Austrian-based Croma-Pharma GmbH.
  • Advised The London Tunnels PLC with its listing on Euronext Amsterdam and subsequent placing of new shares.
  • Advised Renewi plc on the cash offer from Macquarie Asset Management and British Columbia Investment and takeover.

Loyens & Loeff

Loyens & Loeff is notable for its expertise in tackling complex cross-jurisdictional equity capital markets transactions, with a particularly strong track-record in structuring dual listings. The team’s client base includes established financial institutions as well as high-profile listed companies in the hospitality, food & beverages and automotive sectors. Practice co-head Michel van Agt specialises in IPOs, dual listings and M&A transactions, while fellow co-head Menno Baks is particularly knowledgeable regarding both equity- and debt-related instruments and offerings.

Praxisleiter:

Michel van Agt; Menno Baks


Referenzen

‘Menno Baks stands out for his approachable manner and ability to discuss complex matters throughout capital markets projects.’

Kernmandanten

Ardonagh Finco B.V.


Vivendi SE


Ferrari N.V.


Bolloré SE


Heineken Holding N.V.


Wallbox N.V.


Hyatt Hotel Corporation


Morgan Stanley


BioNTech SE


JBS SA


HAVAS N.V.


Ferrari Group plc


ASM International N.V.


Highlight-Mandate


  • Advised Vivendi SE on its cross-border reorganisation, including the spin-off and Euronext Amsterdam listing of Havas NV.
  • Advised JBS on its planned dual listing on the New York Stock Exchange and the Sao Paolo stock exchange in 2024 via a new Dutch parent company (JBS N.V.).
  • Advised Ferrari Group PLC in its initial public offering IPO and admission to listing and trading of its ordinary shares on Euronext Amsterdam.

DLA Piper

DLA Piper‘s capital markets team advises an array of corporate issuers and underwriters on a range of equity-related transactions, including IPOs and private placements. Practice co-head Henk Arnold Sijnja has a particular focus on capital markets transactions within the life sciences and financial services sectors, while fellow co-head Pabe Suurd has a notable track-record on listings and private placements, particularly within regulated sectors.

Praxisleiter:

Henk Arnold Sijnja; Pabe Suurd


Referenzen

‘Good people, well trained.’

‘Excellent legal guidance for a publicly traded company. Proactive, without overcomplicating things.

‘Henk Arnold Sijnja and Pabe Suurd stand out as a fully rounded team with all necessary expertise. You can be sure that everything is taken care of.‘

Kernmandanten

Arcadis N.V.


Corre Energy B.V.


Bank of New York Mellon


Cosmo Pharmaceuticals N.V.


Fondo Italiano per l’Efficienza Energeticas (FIEE)


Meltwater B.V.


Sono Group N.V.


Yorkville Advisors


The Kingfish Company


Oxford Advisors


Van Lier B.V.


Berenberg Capital Markets


Highlight-Mandate


  • Advised Unilever on the dual-track sale of two of its Dutch iconic brands.
  • Advised a Dutch Deep Tech (AI) Company on all Dutch law aspects of its $1bn convertible bonds issuance and its $700m PIPE securities placement.
  • Advised Sono Group N.V. on its announced uplisting from OTCQB to NASDAQ and its proposed redomiciliation from the Netherlands to the United States and technical listing of its shares on NASDAQ.

Greenberg Traurig LLP

Greenberg Traurig LLP is regularly entrusted to assist on high-value, cross-border equity transactions, with particular experience advising on dual-class share structures and the listing of Dutch companies in the US. Practice co-head Samuel Garcia Nelen has a long track-record in advising on equity-linked transactions, including IPOs and public takeovers. Fellow co-head Jelmer Kalisvaart offers additional experience in SPAC transactions, secondary offerings and securities regulation.

Praxisleiter:

Samuel Garcia Nelen; Jelmer Kalisvaart


Referenzen

‘Deep knowledge of subject matter and experience.’

‘Jelmer Kalisvaart thinks of our needs in advance. Very committed and passionate in what he is doing for us.’

Kernmandanten

French Government


B. Riley Securities, Inc;


Berenberg Capital Markets LLC


Canor Fitzgerald & Co.


e.quikk Technologies N.V.


Oxford Finance LLC


Digital Turbine, Inc.


Iveco Group N.V.


First Sponsor Group


Highlight-Mandate


  • Advised B. Riley Securities, Inc. and co-agents on the at-the-market offering of Nasdaq-listed Sono Group N.V.
  • Advised the board of Iveco Group N.V. on Tata Motors Limited’s proposed voluntary public offer for all Iveco shares.