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New Deal


Announced

SiccaDania acquired the assets of Van Tongeren-Kennemer.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Pending

Acquisition

Netherlands

Machinery: Industrial

Private

machinery manufacturing

Single Bidder

Synopsis

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SiccaDania, an industrial equipment supplier in Birkerød, Denmark, acquired the assets of Van Tongeren-Kennemer, a machining manufacturer in Beverwijk, Netherlands. Financial terms were not disclosed. “The acquisition of VTK is an excellent step for the SiccaDania Group to continue its path towards a market leading position in the global starch and protein industry’’ says SiccaDania’s CEO Soren Rasmussen.

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