Skip to main content

Clifford Chance

Clifford Chance

News and awards

Clifford Chance advises InfraVia Capital Partners on its agreement with Waterland to acquire a majority stake in Blue Phoenix Group

23 June 2022

Clifford Chance advises InfraVia Capital Partners on its agreement with Waterland to acquire a majority stake in Blue Phoenix Group

International law firm Clifford Chance advised leading independent private equity firm InfraVia Capital Partners on its agreement with Waterland Private Equity to acquire a majority stake in Blue Phoenix Group, a leading player in waste recycling infrastructure. Blue Phoenix Group provides integrated sustainable solutions to the energy-from-waste sector for treatment and recycling of bottom ash that remains after waste incineration.

Daiwa International Capital Partners will roll-over its current stake alongside InfraVia. With the support of InfraVia as a new controlling shareholder and Daiwa ICP, Blue Phoenix will accelerate its growth with the ambition to further strengthen its role as global leader in incinerator bottom ash processing. Read more about the intended acquisition here.

This transaction builds on Clifford Chance's market-leading Private Equity and Infrastructure sector expertise. The team in Amsterdam was led by Stephanie Horowitz and Tim Heerschop, and further consisted of Pieter Leefers, Merel Vermolen, Bart van Hattum, Sebastiaan van Steenbergen, Jorrit Posthuma de Boer and Yvo van Bijsterveld (Corporate), Frans Muller and Jurre Jurriëns (Antitrust), Floris van de Bult, Wijnanda Rutten and Merle van den Berg (Employment and Pensions), Michiel Sunderman and Stern Flik (Tax), and Laura Stegeman and Sabrina Spoor (Notarial).