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M&A Deal Summary

Solvest Acquires Jumbo Groenewegen

On December 23, 2016, Solvest acquired automotive company Jumbo Groenewegen from Standard Investment Management

Acquisition Highlights
  • This is Solvest’s 1st transaction in the Automotive sector.
  • This is Solvest’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2016-12-23
Target Jumbo Groenewegen
Sector Automotive
Buyer(s) Solvest
Sellers(s) Standard Investment Management
Deal Type Add-on Acquisition

Target

Jumbo Groenewegen

Helmond, Netherlands
Jumbo Groenewegen designs, produces and sells trailers and semi-trailers for demanding customers on a domestic and international level. Jumbo Groenewegen was founded in 1927 and is based in Helmond, Netherlands.

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Buyer(S) 1

Buyer

Solvest

Utrecht, Netherlands
Category Company
Founded 2013
Sector Business Services
DESCRIPTION

Solvest is there for the entrepreneur who is looking for a solution in a period in which the cash flow lags, when there are problems of succession or where complex entrepreneurial issues arise. In these situations, Solvest offers continuity with manpower and capital. Solvest was founded in 2013 and is based in Utrecht, Netherlands.

DEAL STATS #
Overall 1 of 1
Sector: Automotive 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

Standard Investment Management

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2004
PE ASSETS 90M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Standard Investment is a Dutch private equity firm focused on small to mid-sized investment opportunities in the Netherlands and Belgium. The Firm targets companies generating €20 to €200 million of revenue and valued up to €100 million. Standard Investment prefers majority investment situations and looks for businesses with growth and/or improvement potential. Standard Investment was formed in 2004 and has offices in Amsterdam and Brussels.

DEAL STATS #
Overall 6 of 11
Sector: Automotive M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 6
Country: Netherlands M&A 4 of 9
Year: 2016 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 Amsterdam Metallized Products

Amsterdam, Netherlands

Amsterdam Metallized Products provides paper, film and / or a thin cardboard printable layer high gloss aluminum, which is used as packaging material for (luxury) items in FMCG, Tobacco, Wine & Spirits and cosmetics. Amsterdam Metallized Products was founded in 1968 and is based in Amsterdam, Netherlands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-28 ALT Technologies

Utrecht, Netherlands

ALT Technologies is a producer of key airbag components (with a focus on covers, wraps and seals). ALT also produces labels for both cars and electronic equipment. ALT Technologies was founded in 1935 and is based in Utrecht, Netherlands.

Sell -
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