We advised Groupe Gorgé SA, a French based Euronext listed company specialising in high tech industries (robotics, 3D printing and protection of high-risk installations), on the capital merger of its subsidiary Van Dam with InterDam.
Based in the Netherlands, Van Dam is a recognised player in the manufacturing, installation and maintenance of fire and explosion proof doors and walls. Groupe Gorgé acquired Van Dam in 2012. In 2019 it generated revenue of €11.3m. InterDam, also based in the Netherlands, is one of Van Dam's main competitors and generated revenue of €20.7m in 2019.
The group resulting from this merger will be named InterDam and becomes the world leader in its market of fire and blast resistant walls, doors and windows for people and equipment working in hazardous environments. The integration of companies will be completed by the end of 2020 under the management of CEO Fraser Weir.
The Simmons legal team was led by Head of Corporate and Commercial in the Netherlands, Rob Hendriks and Managing Associate Martijn Stuart. Also involved were, Associate Pieter-Bas den Brave and Notary Gijs ter Braak.
