Miko completed the acquisition of a 25% stake in MAAS from Koffiebus.

Miko, a provider of coffee service and plastic packaging, completed the acquisition of a 25% stake in MAAS, a provider of coffee and vending machines, from Koffiebus, a company operating in coffee sector. Financial terms were not disclosed. “We got to know MAAS very well in 2018, when we acquired their Danish subsidiary. The relationship with our Dutch friends was a smooth and pleasant one, which is why we have rekindled our acquaintance. Parent company Nimbus was prepared to transfer a portion of its shares, and so we are very proud to announce today that we can now also welcome MAAS’ Dutch team to our group. A participation such as this enables Miko to further consolidate ourselves in the Netherlands, and given our common language and the short geographical and cultural distance between Miko and MAAS, we are convinced that there will be further constructive synergies between our organisations in the longer term," Frans Van Tilborg, Miko Group CEO.