VanEck to Acquire Dutch ETF Issuer, Think ETF Asset Management B.V., to Further Expand its Product Offerings in Europe

Global asset manager VanEck is acquiring the Dutch ETF issuer, Think ETF Asset Management B.V. (“Think”), who manages the sub-funds of ThinkCapital ETF’s N.V. VanEck signed the share purchase agreement on Friday with the prior owners of Think—BinckBank N.V., Flow Traders N.V., and the senior management of Think. Think’s senior management will retain a minor stake in the company, with the rest to be owned by VanEck. Berkshire Capital advised the selling shareholders on this transaction. Pending approval by the relevant supervisory authorities, this acquisition is expected to be completed later this year.