Who was the client?
Pronovem IP Group is a group of IP management companies operating in Western Europe. The Group has operated in the sector for 40 years and has been one of the top providers in each of its geographical markets. The Group offers a full range of services in patents, trademarks, designs, copyright, IP licensing and acquisition, IP dispute resolution and IP rights valuation.
What was the client’s challenge?
The company is a family-owned business that the Pronovem Group wanted to wind down and integrate in an international group with Belgian and Swiss assets.
What solution did we come up with for the client?
Agio was involved for a long time in setting up its financial reporting and streamlining its corporate structure. We negotiated the best solutions with management in several countries, which led to a divestment of assets in Luxembourg & France.
Agio provided full-fledged M&A assistance with the integration (sale) of the Belgian, Dutch and Swiss assets to AWA, a Swedish market leader, and post-deal assistance with the integration and clean-up of the remaining legal structures.
This led to the exit of family shareholders at every level in a deal that secured the future of each of the local operations and successful completion of a complex cross-border deal with top-level management reinvestment.
