07 May Atlas Advisors acted as exclusive financial advisor to H.E.S. BEHEER N.V. on two simultaneous strategic transactions

Posted at 18:04h in News, Past by

 New York, April 30, 2014 — H.E.S. Beheer N.V. (“HES”), a leading provider of storage, stevedoring and transshipping services for dry and liquid bulk in key European ports, announced it has signed an agreement to increase its ownership in ATIC Services S.A. (“ATIC”) from 22% to 100% by purchasing the remaining stake from ArcelorMittal S.A.. Simultaneously, it announced the divestiture of a 50.1% interest in OVET Holding B.V. to Oxbow Coal B.V. (“Oxbow”) in order to comply with antitrust regulations. As a result of these transactions, HES increases its beneficial ownership of three existing subsidiaries OVET, EMO and OBA, and it expands its business operationally, as well geographically towards particularly France and Poland.

Atlas Advisors acted as exclusive financial advisor and assisted HES throughout the process, including buy-side advisory in the negotiations with ArcelorMittal S.A., capital markets advisory in relation to the new HoldCo financing facility and a sell-side process for OVET Holding B.V. including negotiations with Oxbow. This transaction highlights several of Atlas Advisors’ key strengths:

  •  Continued success advising public companies in impactful strategic transactions, including the recently announced acquisition of Canada Bread by Grupo Bimbo from Maple Leaf Foods and the sale of Nhumo by Grupo Kuo to Cabot Corporation
  • Longstanding commitment to and presence in the Benelux market with 22 transactions either closed or announced
  • Strong experience in cross-border transactions

 

Atlas Advisors is the marketing name for Atlas Advisors, LLC and Atlas Strategic Advisors, LLC. Atlas Strategic Advisors, LLC provides financial advisory services in connection with mergers, acquisitions and other similar transactions. Atlas Strategic Advisors, LLC is a wholly owned subsidiary of Atlas Advisors, LLC and a member of the FINRA.

None of the information contained in this release constitutes a recommendation, solicitation or offer by Atlas Strategic Advisors, LLC or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

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