Business succession and business transfer
In the Netherlands, thousands if not tens of thousands of family businesses will be eligible for succession or sale in the coming years. It's one of the most important moments in the life and continued existence of a family business. In a business succession or sale, not only do emotional questions play an important role, but various legal questions will also need to be answered by the managing director/majority shareholder. Do the articles of association need to be amended? Do existing contracts need to be adapted? Is it necessary to draft a will or make a change to the prenuptial or postnuptial agreement? Should measures be taken to secure accrued pension rights? And what does a business succession or transfer mean for the company culture, the existing internal procedures and the trust of customers and other stakeholders?
A business transfer is a lengthy and far-reaching process for all concerned, which needs to be started on time. Its implementation requires careful and systematic preparation to avoid jeopardising the continuity of the family business and reducing its enterprise value. At Van Benthem & Keulen we have experienced lawyers, civil-law notaries and junior civil-law notaries who can advise and support you from both a specific expertise perspective and a multidisciplinary one. Our team consists of professionals with extensive experience in the business world, which allows them to empathise with situations and adopt a pragmatic approach.
What can you contact us for?
- Drafting and reviewing confidentiality agreements, letters of intent, acquisition contracts, participation agreements, etc.
- Preparing, setting up and supervising due diligence investigations
- Drafting and amending articles of association and regulations
- Drafting and updating existing management, employment and/or lease agreements, etc.
- Drafting and updating wills and/or prenuptial/postnuptial agreements
Who do we work for?
We work for several national and international family businesses in a variety of sectors.