Gilde Buy Out Partners sold HG International, a leading European supplier of specialist consumer cleaning and maintenance products, to Cobepa. The management team will continue to be a significant shareholder in the company. The completion of the transaction is expected to take place in February 2017.

Value of transaction
Undisclosed, but more than EUR 250 million.

Date deal
Deal announced: 20 January 2017

De Brauw involvement
Legal counsel to Gilde Buy Out Partners

Other advisors
Robert W. Baird, financial advisor to Gilde Buy Out Partners;
Van Doorne, legal advisor to management;
Clifford Chance, legal advisor to Cobepa

De Brauw lead partner
Lennard Keijzer

De Brauw team
Lennard Keijzer, Myora Kuipers, Iskander Timman, Frederik Corpeleijn