Norbert Majerholc | White & Case LLP International Law Firm, Global Law Practice
Norbert Majerholc
Norbert Majerholc

Norbert Majerholc

Partner, Paris

T +33 1 55 04 15 55

T +33 1 55 04 15 15


in LinkedIn profile

“He understands the situation and finds pragmatic solutions. He also has sound business judgement which is rare.” (Chambers Europe 2016)


Co-head of our EMEA tax practice and Head of our Paris Tax Division, Norbert guides clients in complex matters relating to French and international tax law, mergers and acquisitions, and group structure reorganizations.

His clients, drawn from a range of industries, notably private equity funds, real estate, luxury goods, and chemicals and pharmaceuticals, value his conceptually sophisticated, but shrewd and down-to-earth tax advice. Norbert has developed a particularly strong track record of helping investment funds to structure investments and management packages.

Clients to have benefited from his insight and experience include IK Investment Partners, KKR, Legris Industries, Qualium, Cobepa, BC Partners, Carlyle, Wendel Investissements, Chequers and Eurazeo.

In addition, Norbert provides tax advice to individual clients, who seek his guidance in particular regarding their personal holding companies, trusts and estates, and international tax planning for personal investments. He also often supports clients by defending them in tax audits, applying for tax rulings on their behalf, and by representing them in litigation before French and European tax courts.

Bars and Courts

  • Paris Bar


  • DEA, Business Law, University of Paris I Panthéon-Sorbonne


  • French
  • English


US$1.5 billion acquisitions for Casino Groupe, 2015

Representation of Almacenes Éxito on the French tax aspects of the acquisitions of a 50% stake in the French company Ségisor, which indirectly controls GPA for approximately USD 1.4 billion, and of a 18.8% stake in Companhia Brasileira de Distribuicaos from Casino Guichard Perrachon SA. This deal was awarded "M&A Deal of the Year" by Latin Lawyer in 2016.

Qatar Holding's acquisition of a 5.33% stake in Vinci, 2015

Advising Qatar Holding LLC, a subsidiary of the Qatar Investment Authority, on the French tax aspects of its approximately €1.45 billion acquisition of a 5.33% stake in Vinci, the publicly listed French concession and construction company, from Comet Luxembourg Holding S.à.r.l., a subsidiary of Qatari Diar.

Cobepa – Exclusive Networks, 2015

Advising Cobepa, the Belgium-based private equity firm on the French tax aspects of the acquisition of the French company Exclusive Networks, Europe's leading independent value-added distributor (VAD) for the EMEA region, specialising in the marketing of solutions for businesses in the areas of cybersecurity, data centres and associated value-added services. It was awarded "Private Equity Deal of the Year in France" by Le Magazine des Affaires in 2015.

US$2.9 billion sale in the Luxury Hotel industry, 2015

Representation of FRHI Holdings Limited (FRHI), Qatar Investment Authority (QIA) and Kingdom Holding Company of Saudi Arabia (Kingdom) on the French tax aspects of the US$2.9 billion stock-and-cash sale of FRHI, the parent company of luxury hotel brands Fairmont, Raffles and Swissôtel, to AccorHotels (Accor). The transaction is subject to customary regulatory approvals from the antitrust authorities and shareholder approval.

LFPI's acquisition of Alliance Hotel Group, 2015

Representation of LFPI, one of the premier independent multi-strategy alternative asset managers in Europe, on the French tax aspects of its acquisition of Alliance Hotel Group from Lone Star.

Qualium, 2014

Norbert advised Qualium on the structuring of a €635 million High Yield emission for Quick, a major burger restaurant company operating mainly in France and Belgium.

Casino Group, 2014

He advised on the tax aspects of the creation of Cnova N.V., a leading international e-commerce company, headquartered in The Netherlands and operating mainly in France and Brazil. He subsequently assisted Casino Group with Cnova's IPO on the Nasdaq.

IK Investment Partners, 2014

Norbert advised IK Investment Partners on the structuring of its acquisition of the Exxelia Group, an international designer and manufacturer of ceramic capacitors.

Family-owned company, 2014

He advised on the reorganization of its legal structure and the transfer of its headquarters from France to Belgium, taking advantage of the latest developments in E.U. case law.

Nestlé Waters, 2013

Norbert advised on its divestiture of several French water springs.

KKR, 2013

He assisted KKR with the structuring of its cutting-edge, lenders-led acquisition of Winoa, the world leader for steel abrasives.

Cobepa, 2013

He advised Cobepa, a Belgian investment company, on its acquisition of a majority stake in Socotec Group from Qualium Investissement, and in connection with the acquisition of a minority stake in Babilou, from Alpha Private Equity.

Group Novasep, 2012

Norbert advised on its financial restructuring.

IK Investment Partners, 2012

He advised IK Investment Partners on the acquisition of Unipex, a chemicals trading company, from Axa Private Equity.

FCO, 2011

He advised FCO, a family-owned company, on the carve-out and sale to Advent International Oberthur Technologies, a company specializing in the design and the manufacture of secure card technologies and fiduciary printing.

Awards & Recognition

Leading Lawyer, Chambers Europe 2014, Chambers Global 2014

Tax – France