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New deal announcement: Reed Business B.V. announced its intention to sell all publishing activities of the Dutch agricultural media portfolio

16 Nov 2018

De Brauw served as Counsel for Reed Business B.V. who announced its intention to sell all publishing activities of the Dutch agricultural media portfolio, part of the Proagrica division, to Doorakkeren B.V.

See further details below.

Client name
Reed Business B.V.

Other parties involved
Misset Uitgeverij B.V., Doorakkeren B.V., Cor Jan Willig, Derk Haank, Luc van Os

Nature of transaction
Reed Business B.V., part of RELX Group, has announced its intention to sell all publishing activities of the Dutch agricultural media portfolio, part of the Proagrica division, to Doorakkeren B.V. (a joint venture between Derk Haank, Cor Jan Willig and Luc van Os). It is the intention to place the publishing activities in the newly established subsidiary called Misset Uitgeverij B.V., in which Doorakkeren B.V. has a majority interest and Reed Business B.V. has a minority interest. The intended sale includes the publishing activities and related products, services and events of Boerderij, Boerderij Vandaag, Pluimveehouderij, Groenten & Fruit, Trekker, Traktorpool, Future Farming, All About Feed, Dairy Global, Pig Progress, Poultry World and the sales and marketing activities performed for Dacom. All 140 employees involved will be employed by Misset Uitgeverij B.V.

Value of transaction
Undisclosed but more than EUR 5 million

Date of deal
15 November 2018

De Brauw involvement
Counsel for Reed Business B.V.

Other advisors
Stimson, Haagstate Advocaten N.V.

De Brauw lead partner
Klaas de Vries

De Brauw team
Chris Noordam, Jasper Zents, Glenn Klijn, Janneke van der Kroon and Bas van de Scheur

Matter Type
Asset Sale: Seller's Counsel
Industry
Technology, Media & Telecoms
News Category
Real Estate & Construction
Technology, Media & Telecoms