SelmaOlthof

Counsel

Amsterdam + 31.20.305.4255

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Selma Olthof practices Dutch labor and employment law. She represents multinational and major national companies. She counsels and litigates on a range of employment law issues, including collective and individual dismissals, appointment and dismissal of statutory managing directors, transfer of employees and post-merger integration, works council involvement, amendment and harmonization of employment conditions, contract drafting, noncompete issues, and employment-related data privacy.

Selma has substantial experience in implementing restructurings/reorganizations, the downsizing of workforces, employee hiring, drafting and modifying executive employment contracts, consultancy and management agreements, intra group secondment of employees, and negotiating exit arrangements. She also advises on employee participation rights and on the labor and employment issues related to mergers and acquisitions. Prior to joining Jones Day she worked at a global law firm in their European employment practice group.

Experience

  • FLEETCOR acquires Global Reach GroupJones Day advised FLEETCOR Technologies, Inc. in the acquisition of Global Reach Group, a UK-based cross-border payments provider.
  • Eurobio Scientific acquires GenDxJones Day advised Eurobio Scientific SA in the acquisition and financing of the Dutch company Genome Diagnostics BV (GenDx) from its founder and its shareholders for €135 million (net of adjusted cash).
  • SHV Energy N.V sold Primagaz Nederland to DCC EnergyJones Day advised SHV Energy N.V. in the sale of Primagaz Nederland to DCC Energy.
  • SUEZ sells its SUEZ Recycling & Recovery operations to PreZeroJones Day advised the French listed company SUEZ SA in its largest sale of SUEZ Recycling & Recovery operations - excluding plastic recycling and hazardous waste treatment activities - in four continental Europe countries: the Netherlands, Luxembourg, Germany, and Poland to PreZero, the environmental division of Schwarz Group.
  • Catawiki raises €150 million investment led by PermiraJones Day advised Catawiki B.V., Europe's leading curated online marketplace for special objects, on a €150 million investment, led by Permira through its Growth Opportunities Fund.
  • Astellas transfers DIFICLIR in Europe, Middle East, Africa, and selected CIS to Swiss Tillotts Pharma AG for €109 millionJones Day advised Astellas Pharma Europe Ltd. on the sale of distribution rights to the product "DIFICLIR" in Europe, Middle East, Africa, and selected Commonwealth of Independent States (CIS) countries to Swiss Tillotts Pharma AG for €109 million.
  • Careerbuilder sold Textkernel to Main Capital PartnersJones Day advised Careerbuilder, LLC in the sale of AI technology provider Textkernel to Main Capital Partners.
  • Advanced medical products manufacturer weighs labor and employment approach to international multijurisdictional mattersJones Day is providing multijurisdictional advice on all aspects of labor and employment law to an advanced medical products manufacturer in several labor and corporate law matters, including hirings, terminations, possible litigation with independent contractors, squeeze out procedures, and specific trade law matters in the Middle East and Russia.
  • OmniMax sells Euramax Coated Products to ParcomJones Day advised OmniMax International, Inc. in the sale of its Euramax Coated Products Business, a provider of aluminum coil coating services to the architectural products, recreational vehicles, and transportation markets, to Parcom Capital.
  • PETRONAS Chemicals acquires Da Vinci Group B.V. for €163 millionJones Day advised PETRONAS Chemicals Group Berhad (PCG) in its acquisition of a 100% stake in Da Vinci Group B.V. from its shareholders including funds managed by Bencis Capital Partners for €163 million.
  • AURELIUS sells Solidus Solutions for €330 million (US$375.6 million)Jones Day advised AURELIUS Equity Opportunities SE & Co. KGaA on the full shop auction sale of the Solidus Solutions group to funds advised by Centerbridge Partners, L.P.
  • Arsenal Capital Partners acquires Seal for Life Industries from Berry Global Group Inc. for $328 millionJones Day advised Arsenal Capital Partners on the $328 million acquisition of Seal for Life Industries from Berry Global Group Inc.
  • Intertoys files for bankruptcyJones Day assisted the trustee of Intertoys Holding B.V., the market leader in retail toy shops, in the company’s bankruptcy.
  • Gimv invests in Coolworld RentalsJones Day advised Gimv in its acquisition of a majority shareholding in fast-growing Coolworld Rentals, a full-service renter of cooling and heating equipment.
  • Garmin® acquires Tacx, the leading manufacturer of indoor bike trainersJones Day advised Garmin Ltd. in its acquisition of the Tacx group, a Dutch family business that designs and manufactures high end indoor bike trainers, tools and accessories, as well as indoor training software and applications.
  • Euricom acquires 100% of Marbour Group's European dry rice divisionJones Day advised Euricom S.p.A. on the acquisition of the private label dry rice business of Marbour Foods S.A.S. located in Italy, Poland, and the Netherlands.
  • PolyOne acquires Fiber-Line for $120 millionJones Day advised PolyOne Corporation, a premier global provider of specialized polymer materials, services, and solutions, in its $120 million acquisition of Fiber-Line, a global leader in customized engineered fibers and composite materials.
  • Huadong Medicine announces £169 million (US$222 million) takeover offer for and acquisition of Sinclair Pharma PlcJones Day advised Huadong Medicine Co. Ltd. ("HMC") and its subsidiary, Huadong Medicine Aesthetics Investment (HongKong) Limited ("Huadong"), on Huadong's takeover offer for and acquisition of Sinclair Pharma Plc with a total value of approximately £169 million (US$222 million).
  • Private shareholders sell Velosophy (Babboe) to Accell GroupJones Day advised private shareholders on the sale of cargo bike specialist Velosophy (Babboe) to Accell Group.
  • Irving Place Capital portfolio company acquires plant in Netherlands from Graham PackagingJones Day represented Irving Place Capital Management, L.P. in connection with the acquisition by portfolio company Alpha Packaging Inc., a leading blow molder of bottles and jars for rapidly growing consumer markets, of a plant in Etten-Leur, the Netherlands, from Graham Packaging Company, a global leader in plastic packaging solutions.
    • View All

    February 2021 Alert

    More Flexibility for Dutch Employers in Reaching a Settlement Prior to Retirement

    February 2020 White Paper

    Steps Companies Should Take to Protect Themselves from the Legal Fallout of the Coronavirus

    January 2020 Commentary

    Significant Changes to Dutch Employment Law Take Effect

    May 2019 Jones Day Publications

    Dutch Employment Law Changes in 2020

    January 2019 Alert

    Online-Platform Companies Faced with Far-Reaching Dutch Employment Laws

    June 2014 Commentary

    The Netherlands Passes Work and Security Act

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