Global law firm White & Case LLP has advised Belgian start-up SeekandCare and its management on the acquisition by Febelco of a stake in its shareholding.
"We have advised SeekandCare, one of the Belgium's leading and fastest growing startups, on the acquisition of a significant stake by Febelco as it continues to pursue its growth ambitions," said White & Case local partner Thomas Glauden, who led the Firm's deal team.
"The strategic alliance with Febelco supports our European expansion goals and vision to be the 'Amazon of the healthcare sector'," said SeekandCare Chief Executive Officer Pierre Collard. "The White & Case team provided essential support which ensured the deal was delivered successfully," said SeekandCare Chief Financial Officer Alexandre Dewulf.
Belgian start-up SeekandCare is an online B2B marketplace which allows healthcare professionals to purchase equipment and supplies. Febelco is the largest Belgian wholesaler-distributor of medicines, with 1,200 employees and an annual turnover of €1.6 billion.
The White & Case team in Brussels which advised on the transaction was led by local partner Thomas Glauden and included associate Rodrigo Belle Gubbins.
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