Announced
Financials
Tags
Natural
Pending
industrial cleaning products
Maintenance Repair and Overhaul (MRO)
Private
Netherlands
Private Equity
Belgium
Acquisition
Single Bidder
Synopsis
Sofindev, a private equity firm, to invest in WVT Industries. Financial terms were not disclosed. WVT Industries is a fast-growing company specializing in research, development, production and sales of industrial cleaning products. WVT Industries is also a supplier of cleaning products for private label customers. "WVT Industries has been able to develop a strong and fairly unique position in a number of industrial cleaning market niches and we are now faced with the challenge of further expanding our range and internationalising our business including through acquisitions. With the input of Sofindev, we are armed to further strengthen our market position and to develop our platform internationally.” Ward Van Thielen, WVT Industries Managing Director.
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