Parkland and Magnus acquire the entire business of GeoJunxion
13 December 2023
Parkland and Magnus acquire the entire business of listed GeoJunxion N.V. The transaction is structured through the acquisition of all shares in GeoJunxion N.V.'s only subsidiary by a special purpose vehicle of Parkland and Magnus. Following the acquisition, GeoJunxion N.V. will be dissolved, whereby the transaction proceeds will be distributed to its shareholders.
On 12 December 2023 the extraordinary general meeting of GeoJunxion N.V. was held in which the shareholders approved the transaction and subsequent dissolution and distribution.
GeoJunxion is a Dutch software company focusing on the optimalisation of business operations through the integration of location-intelligence (including addresses, roads and routes) and the implementation of associated technologies.
The team advising Parkland and Magnus in this transaction was formed by Philip van der Eijk (lead partner), Sylvia Dikmans, Willem Liedenbaum, Emma Schutte, Brendan Moloney, Cherlene Blankson, Margriet Kros, Romy de Galan, Paul de Vries, Noah Graves, Sabine Gerlofs, Myrthe Prinsze and Nicole Bilderbeek.
