IFLR1000

Picnic €100 million fund raising

28/3/2017
Financing
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€ 100 million

$ 106.600 million

Completed

28/3/2017

Overview:

  • Online supermarket Picnic has secured a €100 million investment from a group of four Dutch family funds.
  • The investors were NPM Capital, De Hoge Dennen, Hoyberg and Finci.
  • De Hoge Dennen and Hoyberg utilised in-house counsel on the deal.
  • The investment will used by Picnic to expand its operations into new cities.

Jon Moore - Journalist

Jurisdiction:

Netherlands

Deal type:

Financing

Practice area:

Banking

Governing law:

Netherlands

Industry sector:

Consumer goods and services

Firms:
NautaDutilh

Party: NPM Capital (Investor)

Party: Finci (Investor)

Lawyer: Lieke van der Velden

Stibbe

Party: FSN Capital Partners (Target)

Lawyer: Duco de Boer

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