Announced
Completed
Synopsis
Van den Borne, a technical wholesaler specialising in pumps and piping systems, completed the acquisition of KAR UK, a wholesale irrigation supplier that sells pipes, hoses, hose reel lances, and fittings for agriculture and horticulture sectors. Financial terms were not disclosed. “We at KAR UK are delighted about the acquisition by Van den Borne and I see this as a fundamental next step for our company. We are happy to have found a partner that can continue our growth path, and that can take the company to the next level, while preserving its identity and the working environment for our employees. After the acquisition, KAR UK will continue to operate from its’ base in Manchester in the same manner but also benefit from the support of Van den Borne. We are excited about the future and cannot wait to get started realizing our shared ambitions,” Alex Pfeffer, KAR UK owner.
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