Advipro has been acquired by Normec
June 2022 — Pentahold, an independent Belgian private equity firm, has sold Advipro to Normec.
Founded in 2003, Advipro is a Belgian-based reference engineering and consulting service provider focused on good practice quality guidelines and regulations (GxP) in the life sciences industry. The company has acquired expertise across the entire life sciences value chain, from research and clinical operations to manufacturing and patient care. Its solutions include project support, consulting and solutions, testing and validation, and a GxP academy. It has been successful at consistently fulfilling the demands of its diversified blue chip customer base of both big pharma and local life sciences companies, resulting in a high customer retention.
Normec is the holding company of the Normec Group. Normec is active in the field of testing, inspecting, certification and compliance (TICC) mainly in the Netherlands, Belgium and Germany. It assesses and supports the quality and safety of materials, systems and products by conducting independent audits, tests and inspections based on accredited methods. As an independent organization, its work includes taking care of the quality and safety of its clients’ materials, systems and products. With intelligent, thorough and independent research and reporting, Normec combines professional expertise with excellent IT-driven services to provide value-added services. In doing so, Normec ensures the sustainable improvement of companies and institutions. The company operates in the life safety and environment, and food and agriculture segments.
Our role in the transaction
Oaklins’ team in Belgium acted as lead advisor to the shareholders of Advipro in the preparation and execution of the sale process, the approach and parallel negotiations with potential buyers, and assisted them until closing. The approach of potential buyers around the globe was supported by local Oaklins teams, which managed to increase competition in the sales process by obtaining competing offers for the company. Oaklins’ business support services specialist team in the Netherlands supported the transaction.
Geert Vanderstappen
Partner, Pentahold
Talk to the deal team
Tom Van de Meirssche
Oaklins KBC Securities
Related deals
Census Group has acquired Lecklé Oy
Backed by Swedish Aspira Partners, Census Group has acquired SYS Audit Oy, Lecklé Oy, Tiliextra Oy, Tase-Koivu Oy Tilintarkastusyhteisö, HJL Audit Oy and Auditus Tilintarkastus Oy. These transactions mark the creation of new platform in the Finnish audit and advisory services market. The newly formed group is jointly owned by Aspira Partners, entrepreneurs and key employees united by a shared vision and strong commitment to serving small and medium-sized enterprises (SMEs).
Learn moreTerhills Resort by Center Parcs has been acquired by TwentyTwo Real Estate
Terhills Resort, a premium resort in Belgium combining luxury and nature located near Hoge Kempen National Park and operated by Center Parcs, has been sold by venture capitalist LRM to TwentyTwo Real Estate, an independent real estate investor and operator. Both the real estate and the operations were included in the transaction, and Center Parcs is staying on board as an operational partner.
Learn moreOEP Danzig BidCo has completed a mandatory tender offer for the shares of Digital Value
OEP Danzig BidCo S.p.A. has completed a mandatory tender offer for the shares of Digital Value S.p.A.
Learn more