VGB has raised acquisition finance to obtain full ownership of Container Centralen
VGB has raised acquisition finance, provided by Rabobank, consisting of a term loan and an RCF.
Founded in 1977, Container Centralen purchases, finances, transports, repairs and manages a pooling system of standardized reusable transport items. The company consists of four business units: CC Horticulture, the horticultural pooling system in Europe, CC Retail, the fast-moving consumer goods pooling system in Europe, CC US, the horticultural pooling system in the USA, and Pool Service, the management of a pool of crates in Europe.
Prior to the deal, Container Centralen was owned by the Vereniging Van Groothandelaren In Bloemkwekerijproducten (VGB) and Danish private equity party Erhvervsinvest (EI) on a 50/50 basis. As the co-owners decided to split ways, a carve-out solution was structured through which VGB obtains full ownership of the business unit that covers the horticultural activities in Europe, and EI becomes the full owner of the other business units. The split of activities enables the separate businesses to benefit from a more tailored growth agenda that is fully backed by shareholders and management.
Oaklins’ team in the Netherlands acted as M&A and debt advisor for VGB, thereby responsible for the negotiations and arranging the financing facilities.
Cees van der Meij
Chairman, Vereniging van Groothandelaren in Bloemkwekerijproducten
Talk to the deal team
Niels Vermuë
Oaklins Netherlands
Related deals
Dania Software has been acquired by Omnidocs
The owners of Dania Software A/S have sold the company to Omnidocs.
Learn moreTop Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
Learn moreSoler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings
Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.
Learn more