Clifford Chance advises global market maker Optiver on the intended acquisition of Traxys Group by Traxys Management, Optiver and Investors

6 February 2023

Gregory Crookes, Hansuya Reddy, , Sebastiaan van Steenbergen , Bas Boris Visser, Titus de Vries, Herman Steinvoort, Erwin Schreuder, , Michiel Sunderman, Benjamin Sibbett, , Peter Guinnane, Thomas Gawel, Rebecca Isaacs, Paul Koppel, David Walsh, Paul Seraganian (He/Him), Rick Thoben (He/Him), Renée Latour (She/Her), , Marc Mehlen, , Marc Mehlen, Robin Houtveen
Amsterdam, New York, Washington D.C., Luxembourg

Clifford Chance advises global market maker Optiver on the intended acquisition of Traxys Group by Traxys Management, Optiver and Investors

International law firm Clifford Chance has advised global market maker Optiver on the intended acquisition by Traxys management, Optiver and investors, of Traxys Group, a leading global physical trader and merchant in metals and natural resources playing a critical role in the renewable energy transition. The transaction is expected to close in May 2023 following receipt of regulatory and other approvals.

Traxys’ management, together with Optiver, investment firm CoLift and an investor group, will acquire all of the interests in Traxys held by funds managed by global investment firm Carlyle (NASDAQ: CG) and affiliates of Louis M. Bacon, the founder of Moore Capital Management, LP. Traxys’ management will increase its ownership stake. Read more about it here.

The Clifford Chance cross-border core team was led from Amsterdam and consisted of Gregory Crookes, Hansuya Reddy, Rona Nisar, Sebastiaan van Steenbergen (Corporate), Bas Boris Visser, Titus de Vries, Herman Steinvoort, Niels Kuil, Erwin Schreuder (Finance), Frans Muller, Bruno Weisser Lopez (Regulatory), Michiel Sunderman, Alec Sanderson and Robin Houtveen (Tax). The wider team consisted of Benjamin Sibbett, Carmen Wong, Peter Guinnane, Thomas Gawel (Corporate), Rebecca Isaacs (Finance), Paul Koppel, David Walsh (Employment), Paul Seraganian and Rick Thoben (Tax) in New York, Renée Latour and Kimberly Shi (Compliance) in Washington, and Marc Mehlen, Alexandre Sensi and Javier Fernández-Becerra (Finance) in Luxembourg.