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Squire Patton Boggs has advised CEO and shareholder Dimitri Yocarini and the Olympia Nederland BV management on the intended sale of a majority stake in the company to Navitas Capital.  Completion of the transaction is subject to approvals from the relevant authorities.

The team was led by Corporate partner Jeroen Sombezki in Amsterdam, assisted by associate Jurriaan Puijpe.

Olympia is a national player in the human resources sector in the Netherlands. The company has over 130 branches throughout the country. As one of the largest employment agencies in the Netherlands, Olympia places tens of thousands of job seekers annually in temporary and permanent positions, focusing on logistics, manufacturing, government, and business services. 

Navitas Capital is a Dutch private equity firm focused on mid-market companies in food & agriculture, digital, consumer, smart production, healthcare, and sustainability. With this investment, Olympia and Navitas are committed to further strengthening Olympia’s position within the Dutch labour market.

Squire Patton Boggs has advised Dutch packaging manufacturer Royal Meilink on an agreement to sell its semiconductor activities to HQ Pack, a global provider of high-tech packaging solutions backed by NPM Capital. Completion of the transaction is subject to approvals from the relevant authorities.

The team advising Meilink was led by Corporate partner Jeroen Sombezki in Amsterdam, and included Corporate associate Jurriaan Puijpe, Labour and Employment director Chelsea Gunning and Competition partner Oliver Geiss.

“This is an important deal in the Dutch logistics sector,” said Jeroen Sombezki, “and we’re delighted to support Royal Meilink on a strategic transaction that focuses on its growth in the market for industrial packaging solutions.”

Meilink is a family-owned business that has been in operation for almost 152 years. The company is a specialist in the design and manufacturing of resistant packaging and the expert in packaging, high-tech cleaning and transportation of industrial capital goods.  The agreement will see the sale of all semicon activities within the entire group, including its four Brainport companies: two in Eindhoven and two in Schijndel, in the Netherlands.