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New Deal


Announced

HT Verboom Transport Systems to acquire GreenV.

Financials

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

Sources

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Tags

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Single Bidder

Private

Building Materials: Other

greenhouse horticulture

Domestic

Pending

Netherlands

internal logistics systems

Majority

Friendly

Private Equity

Acquisition

Synopsis

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HT Verboom Transport Systems, a company specialized in supplying internal logistic systems for the horticultural sector, agreed to acquire GreenV, a company with subsidiaries Stolze and Prins Group. Financial terms were not disclosed. "We continue to independently supply and maintain internal transport systems for our existing and new clients, both directly to end customers and through intermediaries. Nothing is changing about our core business. At the same time, we see enormous international opportunities, but realizing them will require us to expand at a rapid pace, and that is easier to achieve as part of a group than independently. With Prins Group, Stolze, and its local partners, GreenV has expansive experience with international projects, among others, in North America, a market where we are also strong. In addition, GreenV has recently set up a new indoor farming division that I think we can expect a lot from," Herman Verboom, HT Verboom Transport Systems founder and director.

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