Announced
Completed
Financials
Tags
Household Equipment and Products
diversified retailers
wholesale distribution
Private Equity
Netherlands
cleaning products
Private
Acquisition
Completed
Majority
Single Bidder
Friendly
Synopsis
Parcom Capital Management, a private equity firm, and Robert van der Wallen, the Netherlands-based private investor, completed the acquisition of Nedac Sorbo Mascot, a trading and distribution company that distributes nonfood assortments, from ABN AMRO Participaties and NPM Capital, the Netherlands-based private equity firms. Financial terms were not disclosed. H2 Equity Partners and management will increase their respective shareholdings in the company. “In the last few years, a lot of progress has been made and we have realised a significant transformation in our company as well as for our clients. I look forward to entering the next phase of growth together with this successful management team, Parcom Capital and Robert van der Wallen,” Gert Jan van der Hoeven, H2 Equity Partners Managing Partner.
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