We advised ITSME HOLDING B.V. on the acquisition of all the shares in the Lightelec group, marking a significant strategic expansion in the Belgian electrical distribution.
As legal and tax counsel to ITSME HOLDING B.V., we provided comprehensive support throughout the acquisition process. Our services included among others conducting legal and tax due diligence, negotiating transaction documents and managing the signing and closing of the transaction.
The Lightelec group is a family-owned enterprise present in Wallonia and Luxembourg. This acquisition positions the joint group as the third-largest player in the Belgian electrotechnical wholesale market.