NV Koninklijke Porceleyne Fles Anno 163 (Royal Delft), listed at NYSE Euronext Amsterdam, acquired 100% of the outstanding share capital in Royal Leerdam Crystal from listed US company Libbey Inc.
Lindenaar & Co advised the CEO and the supervisory board of Royal Delft through extensive market research on acquisition candidates, contact with potential targets and co-ordination of deal execution. This included a valuation, LoI drafting, modeling a combined business plan, arranging financing through a private placement, deal negotiations, due diligence co-ordination and closing of the transaction.
Profile Royal Delft
Royal Delft is the leading producer of authentic Delftware (Delft Blue) and special ceramic products in small quantities. The company welcomes more than 150,000 visitors from all over the world to experience the traditional production process of Delftware products.
Profile Royal Leerdam Crystal
Leerdam Crystal is the ‘design’ part of the traditional glass factory in Leerdam, which was founded in 1878. The company produces a broad selection of traditionally made crystal design and tableware products.