Martijn van de Hel and Saskia Stolk successfully guided an investment fund in obtaining approval of the Bureau Toetsing Investeringen (Investment Screening Bureau – “BTI”) for the acquisition of an undertaking exporting military goods.
The investment fund invests in Dutch SMEs operating in various sectors. The target company operates as a supplier of precision metal components and (sub)modules. Some of the target company’s products require an export licence for military goods.
On 28 February 2024 the investment was notified to the BTI in the context of the notification requirement and investment test based on the Investments Screening Bill (Wet Vifo – “ISB”). On 5 April 2024 the BTI communicated that no screening decision was necessary.
If you want to know more about the notification obligation and the investment test based on the ISB, please see www.wetvifo.nl.
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