International law firm Bird & Bird has been advising Dutch based, Bateman Litwin N.V on its acquisition of Delta-T Corporation, a leading US based bioethanol technology provider, for a total consideration of US $45million in cash and 11.8million new ordinary shares in Bateman Litwin.
Bird & Bird handled all Dutch corporate law aspects of this deal. Corporate partner Steven van Der Waal led the deal which also involved corporate specialist Piet de Quay and corporate associate, Bianca Bruijnesteijn.
Commenting, Steven said:
“We have been advising Bateman Litwin for several years now and understand their business very well. This deal was strategically significant for them and from a legal perspective was complicated by the fact that legal concepts on corporate and security law matters from US, UK and The Netherlands had to be considered”.
The team advised Bateman Litwin on its trading to AIM and institutional placing last June – a placing which helped raise $90million for the Company giving it a market capitalisation of $326.2million.
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About Bird & Bird
Bird & Bird is a full service international commercial law firm with an in-depth knowledge of chosen industry sectors. We focus on aviation & aerospace, communications, banking & financial services, e-commerce, information technology, life sciences, media and sport.
With offices in Beijing, Brussels, Düsseldorf, Frankfurt, The Hague, Hong Kong, London, Lyon, Madrid, Milan, Munich, Paris, Rome and Stockholm, we offer our clients local expertise within a global context, helping them to realise their business goals both domestically and internationally.
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