M&A Deal Summary

HVEG Acquires Jomo Fashion

On March 7, 2019, HVEG acquired apparel/textiles company Jomo Fashion from Bencis

Acquisition Highlights
  • This is HVEG’s 1st transaction in the Apparel/Textiles sector.
  • This is HVEG’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2019-03-07
Target Jomo Fashion
Sector Apparel/Textiles
Buyer(s) HVEG
Sellers(s) Bencis
Deal Type Add-on Acquisition

Target

Jomo Fashion

Enschede, Netherlands
Jomo Fashion specialises in developing, manufacturing and marketing private-label clothing for babies, children, women and men in the entry-level to mid-market segment. Their customers include large chain stores in the Benelux, Germany and a number of other European countries. Jomo Fashion was founded in 1973 and is based in Enschede, Netherlands.

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Buyer(S) 1

Buyer

HVEG

Leusden, Netherlands

Category Company
Founded 1989
Sector Apparel/Textiles
DESCRIPTION

HVEG develops, source, produce, import and supply men's, women's, children's and baby clothing, legwear, underwear, accessories and optical products, for various distribution channels such as Fashion Retail, Supermarket Retail, Discount Retail, Drugstores and Online Retail. and controlling the entire supply chain. HVEG was founded in 1989 and is based in Leusden, Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Apparel/Textiles M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2019 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 27 of 36
Sector: Apparel/Textiles M&A 3 of 3
Type: Add-on Acquisition M&A Deals 10 of 14
Country: Netherlands M&A 24 of 30
Year: 2019 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-07 Bons & Evers

7622 AV, Netherlands

Bons & Evers is a Specialist in Hot Forging and Machining to produce high-quality aluminium, brass and copper parts for a wide range of sectors that include the automotive sector, the power distribution sector and the sanitation sector. Bons & Evers was founded in 1949 and is based in Borne, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 Samenwerkende Kinderopvang

Hague, Netherlands

Samenwerkende Kinderopvang provides childcare services consisting of daycare, before/ after school care, playgroups and childminder agencies. Samenwerkende Kinderopvang is based in Hague, Netherlands.

Buy -