FBM accompanied the shareholder of Van den IJssel Bedrijfskleding in this transaction.
This week OptiGroup announced the acquisition of Van den IJssel Bedrijfskleding. FBM Corporate Finance assisted the shareholders of Van den IJssel Bedrijfskleding in this transaction.
Van den IJssel Bedrijfskleding is a full-service distributor of industrial clothing and personal protective equipment for various sectors such as construction, production and offshore. The company has 45 employees and a strong position in the Netherlands with sales of approximately €9 million.
OptiGroup is an organization with a buy & build strategy focused on building a network of European distributors to the B2B segment. As a shareholder, OptiGroup contributes to the growth of its subsidiaries by sharing industry knowledge and creating synergies. The companies within the group focus on 4 areas: Facility & Safety, Packaging, Medical and Paper & Business Supplies.
The acquisition will further strengthen OptiGroup’s market position in security supplies for B2B customers in the region. The purchase price was not disclosed.
The acquisition is part of OptiGroup’s strategy to develop its business portfolio into leading positions in attractive market segments in Europe. The acquired company becomes part of the Safety cluster in the Benelux, together with All Safety, which operates in the medical sector.