Stibbe Management has sold Bloksma N.V. to GEA Group AG
August 2008 — The industrial holding company Stibbe Management has sold Bloksma B.V. to GEA Group AG.
Bloksma is an international operating company specialized in the production and development of heat exchange systems for the industrial market, such as those used in engines for marine, industrial and power generating purposes. The company has 160 employees and sales of US$30 million in 2007.
GEA Group is a global equipment and process technology provider for the food industry and a wide range of other industries.
Stibbe Management is a privately owned investment company specializing in buy-and-build strategies for industrial manufacturing companies worldwide. The firm invests in acquiring, restructuring and unleashing unrealized potential of small to mid-sized industrial companies. In 1995, Stibbe Management acquired Bloksma as part of its strategy to restructure and develop companies in the industrial sector.
Our role in the transaction
Oaklins' team in the Netherlands advised the seller in this transaction.
Talk to the deal team
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreICOP has transferred its listing from Euronext Growth Milan to Euronext Milan
ICOP S.p.A. has transferred its listing from Euronext Growth Milan to Euronext Milan.
Learn moreKTL has received investment from Exponent
Exponent Private Equity has invested in KTL, underscoring its focus on backing high-quality Irish businesses. This investment also marks an exciting new chapter for KTL, accelerating the company’s growth and strengthening its footprint across its core telecommunications and power sectors in Ireland and the UK.
Learn more