Client name
AGCO International Holdings B.V. - purchaser

Nature of transaction
AGCO, a worldwide manufacturer and distributor of agricultural equipment, intends to acquire the Forage business of Lely, an international family-owned company. Lely's forage business is a leading manufacturer of balers and loader wagons in Europe.
Value of transaction
Undisclosed, but more than EUR 5 million

Date deal
13 March 2017

De Brauw involvement
Lead counsel

Other advisors
DLA Piper (counsel to the Seller)
EY (financial advisor to the Seller)
Gleiss Lutz (German local counsel to the Purchaser)
Deloitte (financial advisor to the Purchaser)

De Brauw lead partner
Lodewijk Hijmans van den Bergh

De Brauw team
Elmer Veenman, Geoffrey van der Hauw, Julie Gijsbers, Christopher Parker