Royal Reesink N.V. has sold THR to a group of private investors.
THR is a wholesaler of DIY products and was established in 2011 as a joint venture between Royal Reesink, Ter Hoeven Groep and AMG. The company supplies a broad range of third-party products, own brands and concepts to DIY retailers in the Netherlands such as MultiMate, Formido and Karwei. In 2016, Royal Reesink acquired Ter Hoeven Groep's shares.
Royal Reesink is a distributor of leading brands in agriculture, horticulture and landscape maintenance. The products are supplied, primarily through dealers, to farmers, agricultural contractors, landscape contractors, golf courses, municipal and government authorities, water boards and forestry services.
Oaklins' team in the Netherlands advised the seller in this transaction.
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