NetCo, provider of maintenance services for industrial mechanical conveyor systems, with a turnover of €350 million, acquired Minet Lacing Technology, manufacturer of conveyor accessories, with its €32 million in revenue. DELSOL Avocats assisted MLT’s founders in the context of this transaction with a team including Emmanuel Kaeppelin, partner,...

Belgium has always been known as a tax paradise because of its lack of a capital gains tax, at least if the capital gains were made within the “normal management of a private estate”. Capital gains realised by individuals on shares in companies and other financial instruments were simply tax exempt. That was very attractive for investors who...

French M&A transactions may require one of two employee-related procedures before the seller can enter into a binding sale agreement : direct notification of employees under the so-called Hamon Law, or information and consultation of the target’s work council (comité social et économique, or CSE). Neither route gives employees or the CSE a...

DELSOL Avocats advised Framatome, a global leader in nuclear energy, on its acquisition of a minority stake in Manoir France. Manoir France is a subsidiary of the British company Paralloy Group, which owns foundries in Pîtres (Eure) and Saint-Dizier (Haute-Marne). These two sites, which employ 450 and 170 workers, respectively, specialize in...