FLORET advised Troelstra & De Vries on the competition law aspects of its proposed acquisition of Royal Roofing Materials. Troelstra & De Vries is part of the French Soprema Group and is active in the manufacturing and sale of bitumen roofing materials. The proposed transaction was notified with the ACM under Dutch merger control rules and was cleared after a first phase review. Closing of the transaction is expected to take place soon.
Orrick Paris and Heussen Amsterdam advised Soprema and Troelstra & De Vries on corporate and M&A aspects of the transaction.