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Private Equity | Construction & Engineering Services

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.

Parties
“The management team of VHZ Group is delighted to welcome Gilde Equity Management as a new shareholder. Gilde Equity Management brings added value as an entrepreneurial investor with relevant experience in VHZ’s market. The team of Gilde supports and expresses its confidence in VHZ Group’s growth ambitions and sustainability goals. With the assistance of Oaklins, we have been able to find the ideal new partner for VHZ Group. Gilde Equity Management will continue to support us professionally and we are very much looking forward to our future collaboration.”

Ben Bergsma

CEO, VHZ Group

Talk to the deal team

Arjen Kostelijk

Senior Advisor
Amsterdam, Netherlands
Oaklins Netherlands

Maarten Wolleswinkel

Partner
Amsterdam, Netherlands
Oaklins Netherlands

Martijn de Win

Director
Amsterdam, Netherlands
Oaklins Netherlands

Derk Verheul

Director
Amsterdam, Netherlands
Oaklins Netherlands

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