Gilde Equity Management completed the acquisition of a majority stake in Bruynzeel Storage Systems from Altor Equity Partners.

Gilde Equity Management, an independent private equity company, completed the acquisition of a majority stake in Bruynzeel Storage Systems, a provider of mobile storage systems, from Altor Equity Partners. Financial terms were not disclosed. "We are proud to be able to join forces with Gilde. They will help us to accelerate our growth and seize the enormous international market opportunities for space saving solutions. Gilde has an impressive track record in creating value with medium sized companies with strong market positions. We are very pleased that with this step, Bruynzeel Storage System is now, after more than 30 years, back in Dutch hands. I would like to thank our former shareholder Altor Equity Partners. They played an important role in establishing our position as European market leader in various segments," Alexander Collot d'Escury, Bruynzeel Storage Systems CEO.