Acquisition of Edelman by EDCO

Florin Finance has advised the Adriaanse family on the acquisition of Edelman by EDCO. In August 2021 Gilde Buy Out Partners acquired a majority shareholding in EDCO while the Adriaanse family continued as substantial minority shareholder. Florin Finance also acted as advisor to the Adriaanse family in this transaction. Edelman is a distributor of distinctive and […]

Zanten merged with IP Duursma

Zanten, a technical wholesaler specialised in supplying MRO related products and services to a wide variety of sectors, has merged with IP Duursma. Zanten operates multiple sales branches located in predominantly Limburg and North Brabant. IP Duursma has a similar offering as Zanten and has 11 sales branches in the north, east, and centre of […]

Investment of Gilde Buy Out Partners in EDCO

The Adriaanse family has sold a majority of its shareholding in EDCO Group to Gilde Buy Out Partners. The Adriaanse family will hold a significant minority shareholding. EDCO is a fast-growing and European leading distributor of branded and private label non-food FMCG products to a wide variety of retailers. Over the last years, EDCO has […]

U name it sold to NewPort Capital

U name it, a leading supplier of wear and overhaul parts for packaging machines, has been sold to NewPort Capital. The company is active worldwide under the brand names U name it and UniTrack as a supplier of wear and overhaul parts for packaging machines in the food industry. U name it has a unique […]

5square acquires Intersteel

Intersteel, a manufacturer of design door and window handles, fittings and accessories, has been acquired by a group of investors led by private equity firm 5square. The company was acquired from ING Corporate Investments, investment company Rikon Holding and Peter van Leeuwen who still retains a stake in the company. The company, founded in 1902 […]

Dobbeflowers sold to Waterdrinker and Agora Group

Dobbe Flower Holland has sold Dobbeflowers to Waterdrinker and Agora Group. Dobbeflowers is active in the wholesale trade of cut flowers and cut foliage and has a strong position as a high-quality supplier to florists and flower arrangers. The company is located in Aalsmeer, the Netherlands. As part of the Royal Flora Holland’s Floriworld project, […]

Strategic M&A analysis of Formido performed for Maxeda

Florin Finance acted as advisor to Maxeda DIY Group in the strategic M&A analysis of Formido, a Dutch DIY chain operating more than 80 stores. Maxeda DIY Group is the holding company of Formido, Praxis, Brico and Plan-It and is owned by private equity firms Ardian and Goldentree Asset Management.