SHV Holdings to acquire Kiwa from NPM Capital.

SHV Holdings, a privately owned Dutch trading company, agreed to acquire Kiwa, an independent global company in Testing, Inspection and Certification, from NPM Capital, a Dutch investment company. Financial terms were not disclosed. ”We are happy that Kiwa becomes part of the SHV family of companies and look forward to support them in their next phase of development. As they have been a portfolio company of NPM Capital for many years, we know them and the management quite well. Their way of doing business as well as the company culture are a good fit with SHV and our purpose, Courage to care for generations to come. We see many opportunities to further support the strategy of Kiwa, in a market that continuous to grow while the ongoing consolidation offers additional opportunities for add-on acquisitions to expand the business,” Jeroen Drost, SHV CEO.