Stibbe assisted the shareholders of Novy with the sale of their shares to the American group Middleby.
Stibbe advised Sofindev, BNP Paribas, Korys and the other shareholders on the sale of cooker hood manufacturer Novy to the American group Middleby.
Middleby is an American company that manufactures commercial and residential cooking appliances and industrial process equipment. The group has around 80 premium brands in its portfolio which includes Viking, TurboChef, Bluezone, Pitco and, in Europe, Aga ovens.
Through the acquisition, Middleby intends to introduce Novy's products to the US and UK market allowing Novy to expand its services globally.