Consolis Group, a leading European leader in precast concrete solutions for the construction and utilities sectors, has successfully completed a comprehensive financial restructuring.

As a result of this transaction, completed end of November 2024, its senior secured notes have been converted into equity through a sizeable debt-for-equity swap, making the financial creditors majority shareholders. In addition, a new financing was raised, which was used to refinance interim facilities and existing facilities within Consolis Group and provide new liquidity. The existing revolving credit facility was extended. 
 
Houthoff, together with Akin Gump, assisted the ad hoc group of creditors in preparing and implementing the Dutch aspects of the restructuring. The Houthoff team was led by Jeroen Vossenberg, David Heems and Fréderic Verhoeven, and further consisted of Joep Meester, Davine van der Heijden, Wouter Ekkelkamp, Paulina Kruimer, Sylvia Dikmans, Wieger Kop, Nadia Nartey-Wemegah, Jasper Dekens and Bram Zeelte.