M&A Deal Summary

Novy Acquires Itho KeukenComfort

On July 7, 2011, Novy acquired consumer products company Itho KeukenComfort from Itho Daalderop

Acquisition Highlights
  • This is Novy’s 1st transaction in the Consumer Products sector.
  • This is Novy’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2011-07-07
Target Itho KeukenComfort
Sector Consumer Products
Buyer(s) Novy
Sellers(s) Itho Daalderop
Deal Type Divestiture

Target

Itho KeukenComfort

Schiedam, Netherlands
Itho KeukenComfort is a designer and manufacturer of cooker hoods.

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Buyer(S) 1

Buyer

Novy

Kortrijk, Belgium

Category Company
Founded 1988
Sector Consumer Products
Employees250
Revenue 52M EUR (2016)
DESCRIPTION

Novy is a manufacturer of cooker hoods and hobs. Novy offers a range that offers a solution for every kitchen situation. Novy was established in 1988 and is based in Kortrijk, Belgium.


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2011 M&A 1 of 1

Seller(S) 1

SELLER

Itho Daalderop

Schiedam, Netherlands

Category Company
Sector Manufacturing
Employees350
Revenue 90M GBP (2009)
DESCRIPTION

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


DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2011 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-08 Klimaatgarant BV

Ridderkerk, Netherlands

Klimaatgarant BV develops energy-neutral housing projects for municipalities, project developers and housing corporations.

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