M&A Deal Summary

Rabobank N.A. and ABN AMRO Group N.V. Acquire HVEG

On November 1, 2012, Rabobank N.A. and ABN AMRO Group N.V. acquired apparel/textiles company HVEG from GIMV

Acquisition Highlights
  • This is Rabobank N.A.’s 1st and ABN AMRO Group N.V.’s 1st transaction in the Apparel/Textiles sector.
  • This is Rabobank N.A.’s 1st and ABN AMRO Group N.V.’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2012-11-01
Target HVEG
Sector Apparel/Textiles
Buyer(s) Rabobank N.A.
ABN AMRO Group N.V.
Sellers(s) GIMV
Deal Type Add-on Acquisition

Target

HVEG

Leusden, Netherlands
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.

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Buyer(S) 2

Buyer

Rabobank N.A.

Roseville, California, United States
Category Company
Founded 1981
Sector Financial Services
DESCRIPTION

Rabobank, N.A. provides Personal and Business banking products. Agricultural products are offered by Rabobank, N.A., Rabo AgriFinance, and Rabobank International.

DEAL STATS #
Overall 1 of 3
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 1 of 2
Country (Netherlands) 1 of 2
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 Rabobank - Redding Branch

Redding, California, United States

Rabobank - Redding Branch is a provider of financial services in redding.

Sell -
Buyer

ABN AMRO Group N.V.

Amsterdam, Netherlands
Category Company
Founded 1720
Sector Financial Services
Employees22,242
DESCRIPTION

ABN AMRO serves retail, private and commercial banking customers in the Netherlands and across the globe. Along with a comprehensive range of products and services, Company offer in-depth financial expertise, extensive knowledge of numerous sectors and an international network supporting our customers' domestic and international operations.

DEAL STATS #
Overall 2 of 3
Sector (Apparel/Textiles) 1 of 1
Type (Add-on Acquisition) 2 of 3
Country (Netherlands) 1 of 1
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-16 ABN AMRO Bank A.G.

Zurich,, Switzerland

ABN AMRO Bank (Schweiz) A.G. is a provider of private banking products and services. ABN AMRO Bank (Switzerland) AG is a pure Swiss private bank which held EUR 11 billion in client assets under management.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-28 Stater N.V.

Amersfoort, Netherlands

Stater N.V. is the largest mortgage service provider in the Netherlands. Stater N.V. services relate to close to forty percent of all mortgages in the Netherlands, from mortgage application approval to final redemption.

Sell -

Seller(S) 1

SELLER

GIMV

Antwerp, Belgium

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1980
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

GIMV is a Belgium based public investment company focused on private equity and venture capital investments in tech-based businesses. GIMV's private equity practice operates through its Corporate Investment unit and targets management buyouts, buy-ins, and growth capital financings of companies with annual sales between EUR15 and EUR150 million. For buyout opportunities GIMV generally takes a majority stake in businesses and for growth capital needs, GIMV takes a minority position. GIMV does not invest in publicly held companies or turnaround situations. GIMV's geographic focus is within Belgium, Netherlands, Germany, and France. GIMV also invests in Russia through Eagle Capital Partners, a partnership with KBC Private Equity. GIMV was formed in 1980 and is headquartered in Antwerp with additional offices in The Hague, Frankfurt, Munich, and Paris.

DEAL STATS #
Overall 38 of 105
Sector (Apparel/Textiles) 1 of 3
Type (Add-on Acquisition) 15 of 52
Country (Netherlands) 12 of 28
Year (2012) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-05 GOVECS

Grunwald, Germany

GOVECS works on the development, production and distribution of electric vehicles. GOVECS was founded in 2009 and is based in Grunwald, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-08 LMS International NV

Leuven, Belgium

LMS International is a provider of test and mechatronic simulation software.

Sell $866M
Mergr

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