VHZ Group has been acquired by Gilde Equity Management and VHZ Group’s management

August 2021 — VHZ Group, the market leader in the Dutch B2B uPVC windows and doors market, has been acquired by Gilde Equity Management (GEM) together with the company’s management. With the acquisition, VHZ Group and GEM will be able to further expand on the company’s strategy and vision.

VHZ Group, active with operating companies Transcarbo (Hoensbroek), Europrovyl (Leeuwarden) and Kumij (Groningen), was founded in 2014. The company is a market leader in the manufacturing and installation of uPVC windows and doors for the residential B2B and B2C market, actively supporting sustainability themes and goals in the housing market. The demand for uPVC windows and doors has been growing for years because of its durability, long lifespan and low maintenance costs.

Throughout the last few years, VHZ Group has been able to benefit from the push for conceptual (prefab) housing projects that quickly deliver standardized and affordable housing as well as from renovation projects by property maintenance companies and housing corporations to make real estate portfolios more sustainable. In the coming years, VHZ Group expects to prolong its growth by offering solutions for increased sustainability and reducing the housing shortage.

Gilde Equity Management is an independent private equity firm. Since its foundation in 1996, GEM has been one of the leading investors in the Benelux mid-market segment. Investments include Dunlop, Fruityline, Wasco and Actief Interim.

Our role in the transaction

Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to the shareholders of VHZ Group, which are Ramphastos Investments and a private shareholder.