Korenvliet, an investment company of CEO Mr Rutger de Planque, acquired from HAV all outstanding ordinary shares of Mid Ocean, the in The Netherlands based leading promotional products supplier. The HAV group continues as controlling shareholder of Favorite Gifts with the Dutch promotional products suppliers Giving Europe and Van Helden Relatiegeschenken. BarentsKrans advised Korenvliet on the acquisition, and assisted Mid Ocean on the financing.

Korenvliet and Mid Ocean were advised by:

• Michiel Martin
• Anke van Holthe tot Echten
• Elze van der Minne