Once again , private fairness funds have been invest in a Dutch gardening provider . investiture society Victus acquired a majority interest in PB Techniek from possessor Koen , Paul and Mark Brabander . This step is to enable further growth , allot to Koen Brabander . " We ’ve got pretty big plans - and now we also have the opportunity to action those . "
TakeoverOnly yesterday , PB Techniek was in the news for taking over the horticulture section of Canadian companyArmada Electrical Services , and now they themselves are making newspaper headline as an acquire party . " We ’d have done the Armada coup anyway , " Koen Brabander says . " The Victus investment will enable more expanding upon like these . We desire to increase our local comportment . In the regions where we ’re working on new projects , we ’d also care to have our own regional presence . That way , we can battle fragmentation of the market place . "
He go on : " Our client are located in regions such as North America , the east seacoast of Canada , and Australia . The company are very modern , taking major measure forward . They keep on growing as well , and they do n’t let that growth reckon on the capacitance at PB Techniek . If we ca n’t deliver , they ’ll look elsewhere . In that good sense , we also have to scale up in ordering to keep up with clients . There come a point when you should n’t attempt to serve the whole world from the Westland or by planing machine , but actually be on the ground with serviceman and proficient people . We can do that with more local branch . "
The company has already started train for this future . " We are primitively technicians and sales masses , of form " , Koen says . " That does n’t of necessity mean you ’re capable to care 150 hoi polloi , or to lead an international company . You need the proper people for that task . " In March of this year , Richard Smit joined the company as its chief operating officer - one of the steps take to further professionalize the establishment and gear up for further growth .
Victus ParticipationsThe Victus Participations investing means that the program for ontogeny can now be executed . " In orderliness to fund increase , there ’s two options : you go for corporal finance , or you join force with a cooperator . " The selection for Victus was made because of the share vision on the market , and the web provide by the organization . Victus is a relatively new fund . This summer , they collected 90 million euro , and the investiture in PB Techniek ( amount have n’t been declare ) is the first one . Koen , Paul and Mark are also invest in the novel , joint holding .
Victus focuses to a great extent on agri and food , sectors in which the monetary fund director built a track criminal record . Intoday ’s variant of Dutch financial newsprint FD , father and managing partner Patrick Groeneveld talks about the increasing demand for safely grown food . For PB Techniek , he foresees a taxation increase of 50 % in the next three to five years .
" Victus brings us an interesting electronic web , which was an authoritative constituent for us " , Koen say . " In plus , they ’re not intending to wield the companionship , but they will facilitate . We share a vulgar vision on the mart , and that ’s our start compass point for further cooperation . "
Private equities in horticulturePB Techniek is n’t the first company this twelvemonth to be choose over by an investing fund . BOAL Group and Codema preceded them this year . And Koen expects they wo n’t be the last either . " Greenhouse horticulture is controlled by a small telephone number of relatively small company , while there ’s a band of way for further growth . It ’s actually rather foreign that we at PB Techniek , with a revenue of over 30 million , do project in America , China , Canada and Australia , while local dealers there ca n’t keep up . That ’s the brainpower and know - how that ’s behind our caller and the Dutch horticulture sphere , which is view worldwide requirement . "
Now the challenge for PB Techniek is to continue to play that requirement . " The horticulture is attend for citizenry everywhere who desire to join in on our Westland mentality , and we ’re no elision to that . Thanks to this investment , we ’re closer to realizing our ambitions of remaining the best while continuing to produce intemperately . And that in turn makes us more interesting to put to work for . "
For more information : PB Techniek[email protected]www.pb - techniek.nl