NoorderHuys Participaties and management acquired Landré
NoorderHuys Participaties and management acquired Landré from Nimbus and Pon Holdings. Landré is the largest independent distributor of metal cutting, sheet metal manufacturing and plastic processing machines in the Benelux. The takeover enables Landré to further expand its position.
NoorderHuys Participaties is a Dutch private equity investment company, focussing on Dutch mid market companies and providing management buy-out and expansion capital. NoorderHuys was founded earlier this year, has a fund size of over Euro 60 million and focus on companies with an enterprise value between Euro 10 and 60 million. The acquisition of Landré is the first investment of NoorderHuys.
PhiDelphi acted in this transaction as advisor to the management.