Bakker.com has been acquired by Existium
A group of Netherlands-based investors led by Existium has acquired the activities of Bakker.com.
Bakker.com is a multi-channel garden company offering flower bulbs, plants and garden accessories directly to consumers through catalogs, mailings, telephone marketing and e-commerce. Headquartered in Lisse, the Netherlands, the company was founded in 1945 and had activities in more than 15 countries in Europe.
Existium is an investment company controlled by Martijn van Scherpenzeel, a Dutch serial entrepreneur.
In early 2018, Bakker.com filed for bankruptcy as a result of declining sales volumes and increasingly large operating losses. Following the transaction, the new owners will retain approximately 50 employees.
Oaklins' team in the Netherlands advised the bankruptcy liquidator in this transaction.
Talk to the deal team
Frederik van der Schoot
Managing PartnerAmsterdam, Netherlands
Gerbrand ter Brugge
MyDeal.com.au (ASX:MYD) has completed an IPO
MyDeal.com.au has completed an Initial Public Offering (IPO) to raise US$29.4 million under the ticker ASX:MYD, which values the company at a market cap of approximately US$191 million. The IPO was strongly supported by several well-known institutional investors and family offices, with Morgans and RBC acting as joint lead managers and underwriters.Learn more
Alon Blue Square Israel has issued bonds worth US$81 million
Alon Blue Square Israel Ltd. has completed a fundraising to refinance and develop the company.Learn more
Bonnier Corporation has sold seven of its US titles to North Equity
Bonnier Corporation has sold seven of its most popular US titles, including Popular Science, Popular Photography, Saveur, Outdoor Life, Field & Stream, Better You and Interesting Things, to venture equity group North Equity.Learn more