M&A Deal Summary

Climate for life Acquires Itho Daalderop

On January 8, 2016, Climate for life acquired manufacturer Itho Daalderop from Bencis

Acquisition Highlights
  • This is Climate for life’s 1st transaction in the Manufacturing sector.
  • This is Climate for life’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2016-01-08
Target Itho Daalderop
Sector Manufacturing
Buyer(s) Climate for life
Sellers(s) Bencis
Deal Type Add-on Acquisition

Target

Itho Daalderop

Schiedam, Netherlands
Itho Daalderop develops, manufactures and sells innovative heating, domestic hot water, ventilation, and control technology solutions. Itho Daalderop is based in Schiedam, Netherlands.

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Buyer(S) 1

Buyer

Climate for life

Schiedam, Netherlands

Category Company
Sector Business Services
Employees450
DESCRIPTION

Climate for life provides heating, hot water, ventilation, and control solutions. The company makes it possible to live energy-neutral today in line with the climate demands of tomorrow. Climate for life is based in Schiedam, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Bencis

Amsterdam, Netherlands

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 1.9B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Bencis is an independent private equity firm focused on investments in profitable, established companies headquartered throughout Western Europe. Target businesses typically generate sales of €25 to €500 million and operate in the industrial/manufacturing, food/beverages, logistics/distribution, chemicals, automotive, leisure, media, services, utilities and retail industries. Bencis was formed in 1999 and is based in Amsterdam, the Netherlands.


DEAL STATS #
Overall 20 of 36
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 14
Country: Netherlands M&A 17 of 30
Year: 2016 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-29 Xeikon NV

Eede, Netherlands

Xeikon NV is an innovator in digital-printing technology. The company designs, develops, and delivers web-fed digital color presses for labels and packaging applications, document printing, as well as commercial printing. These presses utilize LED-array-based, dry-toner electrophotography, open workflow software, and application-specific toners.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-01 CurTec

Rijen, Netherlands

CurTec is a producer of high-end industrial plastic packaging solutions. The company develops and produces high quality plastic drums and containers for global blue chip customers, mainly active in the pharmaceutical, specialty chemicals and food ingredients industry. CurTec was founded in 1991 and is based in Rijen, Netherlands.

Buy -