Announced
Financials
Sources
Tags
Minority
storage facilities
Single Bidder
logistic services
Acquisition
Storage Facilities
Private
Private Equity
Pending
Netherlands
Friendly
Domestic
Synopsis
Waterland, a private equity firm, agreed to invest in Rotom, a provider of logistic load carriers for transport and storage. The transaction is still subject to merger clearance in the Netherlands and Poland. Financial terms were not disclosed. “With Waterland, we have found the right future business partner to realize our ambition to become the European market leader in sustainable bespoke load carriers and solutions. Rotom has deep knowledge of the European market for load carriers, whilst Waterland has a huge experience in facilitating the buy & build strategy, can provide ample financial resources and is able to provide solid strategic support, hence a perfect combination," Arjan Kuiper, Rotom CEO.
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