VGB obtains full ownership of Container Centralen’s European horticulture business unit
Vereniging Van Groothandelaren In Bloemkwekerijproducten (VGB) has obtained full ownership of Container Centralen’s business unit that covers its horticultural activities in Europe. The prior co-owner and Danish private equity firm Erhvervsinvest will become full owner of Container Centralen’s other business units. The split of activities will enable the separate businesses to benefit from a more tailored growth agenda that is fully backed by shareholders and management.
VGB acquired a stake in Container Centralen in 1989. VGB is a Dutch trade association for the wholesale business of flowers and plants. The association has approximately 80 horticulture members, which include Dutch Flower Group, Waterdrinker, Fleurametz and Royal Lemkes Group.
Founded in 1977, Container Centralen purchases, finances, transports, repairs and manages a pooling system of standardized reusable transport items. The company consists of four business units: CC Horticulture, the horticultural pooling system in Europe, CC Retail, the fast-moving consumer goods pooling system in Europe, CC US, the horticultural pooling system in the USA, and Pool Service, the management of a pool of crates in Europe.
Erhvervsinvest is a Danish private equity firm investing in small and medium-sized companies. It does not have a specific sector focus, but primarily invests in companies operating in manufacturing and service industries.
Oaklins’ team in the Netherlands acted as M&A and debt advisor for VGB, thereby responsible for the negotiations and the facilitation of the banking process.
Cees van der Meij
Chairman, Vereniging van Groothandelaren in Bloemkwekerijproducten
Talk to the deal team
Niels Vermuë
Oaklins Netherlands
Related deals
Perkbox has been acquired by Great Hill Partners
Molten Ventures has sold Perkbox to Great Hill Partners.
Learn moreArculus Cyber Security has been acquired by Bridewell
The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.
Learn moreGlobal IT Group has joined forces with enthus Group
Global IT Group, an IT services company, and enthus Group GmbH, an IT solution provider operating in Germany, Austria and Switzerland, have joined forces. As a result, enthus Group will significantly expand its market position in Switzerland. The sellers of Global IT have reinvested in the buyer and will ensure that local management continues to run the company as part of the succession planning.
Learn more