References

As soon as your company enters a sales process led the majority shareholder, you, as a minority shareholder, have an interest in your own advisor who will relieve you of your potential concerns. Applying external advisors is a sensitive issue, but that sensitivity disappeared as soon as I was able to bring confidence and professionalism with the renowned Deminor brand. Their way of working is humane, open-minded, tailor-made, and at the same time, at your request, they guard the process from the sidelines without disrupting the process. The Deminor team was able to assess everyone's interests in order to achieve the best possible result. Top!

In recent years, the MAINSYS group has been growing a lot and went through significant changes, which required the governance structure to be updated and entering into partnerships with various players in our sector.
Deminor has supported us in these developments and has always been a reliable partner that meets our expectations and whose expertise represents a real added value for the development of our group.

We turned to Deminor as part of a reflection on our group’s structure and governance.
Deminor gave us relevant guidelines, provided the holding companies with a corporate governance charter and carried out its mission with professionalism and commitment.

Deminor helped me to negotiate the best possible conditions for leaving the group of which I was the CEO, founder and minority shareholder. I particularly appreciated their expertise in defending minority interests, both legally and financially, and also their availability and responsiveness at all stages of this long process.

For a start-up investment project , I asked Deminor to help me make an informed decision and help me negotiate the best conditions. Deminor assisted me more specifically on the financial aspects of the planned transaction (financial modelling - risk analysis - valuation of the company). I particularly appreciated the quality of the work done and their reactivity in responding to my requests.

The Compagnie du Bois Sauvage has mandated Deminor to carry out a Board Assessment.
Deminor carried out its mission in detail and based on individual interviews, which contributed to a better definition of our objectives and governance.

At Deminor, we have always found a team defending the interests of their clients hard, and negotiating a solution in the interests of the company and all its stakeholders. The agreement we have reached is the most important agreement ever signed between shareholders and a company in Europe.

Machiels Group is a 100% family business with investments in environment, renewable energy and real estate, as well as participation in numerous joint ventures.
We experienced Deminor's expertise in defending the interests of minority shareholders. Deminor also provided us professional support in the set up and implementation of Corporate Governance. We have found out that corporate governance and in-depth monitoring of business strategy are part of Deminor's DNA.
We enjoyed our collaboration with Deminor as a 'Partnership'.

As a businessman, I often search assistance from external advisors. I take due care when I select an external advisor, and so I did when I decided to work with Deminor regarding my shareholder position. I needed a partner who had not only the required knowledge and experience, but who also had the right attitude and offered a problem solving approach. Deminor was indeed the right partner, it was a constructive and pleasant collaboration.

E-Capital is an active and engaged investor. When we are confronted with governance or shareholders’ position issues in companies wherein we invested, Deminor can help us with an independent and critical expert opinion, based on more than 20 years of experience.

GIMV is a listed investor granting ambitious growth capital to companies located in Belgium and neighbouring countries. We value Deminor as an important business partner and stakeholder. When equity needs, management, entrepreneurs, international growth and/or innovation need to be aligned, a better and more professional governance becomes crucial in our path as institutional shareholder. For GIMV, Deminor is a respected best practice opinion-leader and can help us as a direct or indirect sounding board.

Shareholder value and the protection of shareholders are at the centre of Retail Estates’ attention. When we call upon Deminor, we not only benefit from a very professional advice but we also value Deminor as a particularly critical and independent sounding board.

Deminor works swift and thorough both in legal and financial matters, and helped us to resolve outstanding shareholders issues. The Deminor team as a sounding board enabled us to make the right decisions within the family group. We can always rely on them to professionally and objectively prepare and attend the family meetings.

Deminor proved to be an important counsellor in realising a partnership with a new investor: assisting in the negotiations, drafting the investment agreements and other legal documents, …
I appreciated particularly their availability, flexibility and professionalism to complete this new phase of our business in a fast and efficient way.

Deminor assisted the company and the Beherman family in the set-up of a new governance structure. The shareholders agreement prepared by Deminor is since then in place and improved the way our family business works and avoids the usual problems that might occur when there is a transmission to a new generation.

With the assistance of Deminor we adapted our governance and structures in line with the increasing size of our business and our ambitions. Deminor’s intervention in this process has reassured the family and helped us to keep the company in family hands.

Deminor has played an important role in the decisions of the family concerning the changes to the organization chart, the structures and governance of the group, enabling the seventh generation within the family to take the lead in the future strategy of our business.