On 21 June 2017, VP Exploitatie and Mediahuis completed the public offer on the Telegraaf Media Groep (TMG) through Gerald BidCo, thus resulting in the acquisition by Gerald BidCo of 64.66% of the shares in TMG. Subsequently, on 30 June 2017, VP Exploitatie contributed its shares in Gerald BidCo into Mediahuis. As a result, the shareholding in Mediahuis is now divided between Corelio (50.6%), Concentra (32.7%) and VP Exploitatie (16.7%).
The conclusion of the public offer on TMG and the contribution by VP Exploitatie represent the next step in the growth and transformation of Mediahuis and the further strengthening of the different brands of the leading multimedia group in the Netherlands and Belgium, which has a combined turnover of around EUR 930 million.
The Dutch law firm De Brauw Blackstone Westbroek assisted VP Exploitatie in the global transaction. The Eubelius team, which included Marieke Wyckaert, Matthias Wauters, Kristof Spagnoli, Felix Dobbelaere and Elias Van Marcke, assisted VP Exploitatie with all Belgian aspects of the TMG acquisition.