De Brauw has advised Bosal Nederland on the sale of Tow Bars Division to TowerBrook Capital Partners (UK).

Client name
Bosal Nederland B.V.

Other parties involved
TowerBrook Capital Partners (UK)

Nature of transaction
On 31 December 2017, Bosal Group and TowerBrook reached agreement for the sale of Bosal's international Tow Bars Division which produces and supplies tow bars, bike carriers, wind stops and roof-racks to OEM/OES customers and aftermarket distributors.

Value of transaction
Undisclosed, but more than 5 million.

Date deal
31 December 2017

De Brauw involvement
Lead counsel

Other advisors
Rothschild & Co, KPMG, E&Y, Sidley Austin LLP, Baker & McKenzie

De Brauw lead partner
Anja Mutsaers

De Brauw team
Anja Mutsaers, Ruud Hermans, Elmer Veenman, Peter Nolten, Joel Erwteman, Heleen Koggink, Simone Poot