Troostwijk Auctions has merged with BVA Auctions
Troostwijk Auctions B.V. has merged with BVA Auctions. The combined company will be named TBAuctions and will become the biggest online auctioneer in Europe.
Troostwijk Auctions, founded in 1930 and headquartered in Amsterdam, is a pan-European auction house focusing primarily on industrial goods and machinery. Troostwijk Auctions also offers valuation and related consultancy services. The company has evolved from a traditional auction house with live auctions to an online player with an extensive international reach.
Founded in 1999, BVA Auctions is an online auctioneer with a focus on B2C. The firm has offices in the Netherlands, Belgium, Germany and Austria.
Oaklins' team in the Netherlands supported the shareholders of Troostwijk Auctions in this transaction.
Talk to the deal team
Derk Verheul
Oaklins Netherlands
Related deals
Largest AIM IPO in the business support services sector over the past five years has been completed
MHA plc raised US$131 million (£98 million) through a placing and retail offer, achieving a market capitalization of approximately US$363 million (£271 million) on admission. This was the largest AIM IPO in the business support services sector over the past five years. The IPO provides a platform for continued investment in technology, talent and acquisitions, supporting the group’s ambition to become a top 10 UK professional services firm.
Learn moreManolete Partners plc has completed a successful debt refinancing
Manolete Partners plc has signed a new revolving credit facility (RCF) with its existing provider, HSBC. The new RCF provides Manolete with the same level of facility as the previous arrangement, at US$22.6 million (£17.5 million), but with a reduced margin and lower non-utilization fee. The facility has a term of 3.25 years, with the option to extend for an additional year on the same terms.
Learn moreMicro Nav and Global ATS have been acquired by Indra Sistemas S.A.
Indra Sistemas S.A. strengthens its leadership in global air traffic management (ATM) with the acquisition of 100% of the share capital of Micro Nav and Global ATS from UK-based Quadrant Group. This acquisition enhances Indra’s industry-leading capabilities, solidifying its position as a global player in the air traffic control and management market.
Learn more