
Rabo Capital acquires Kipp & Zonen
Rabo Capital has supported the management buyout of Kipp & Zonen, a Dutch manufacturer of solar and atmospheric measuring instruments.
Under Rabo's ownership, Kipp & Zonen will look to expand further internationally.
Earlier this year, Rabo divested its portfolio company Dutch Ophthalmic Research Center (Dorc) after almost a five-year holding period. The firm sold Dorc to Montagu Private Equity, marking Montagu's first lead investment in the Netherlands.
Company
Founded in 1830, Kipp & Zonen is headquartered in Delft with sales offices located in France, Singapore and the US. The company manufactures instruments designed for measuring solar and sky radiation and atmospheric properties.
Kipp & Zonen serves the meteorology, climatology, hydrology, renewable energy and agriculture industries. Its product base includes solar instruments such as sun trackers and shading rings, and atmospheric science instruments such as solar monitoring stations and the Brewer spectrophotometer.
People
Foeke Kuik is the CEO of Kipp & Zonen. Perry Bos is an executive director at Rabo.
Advisers
Equity – Accuracy (Corporate finance); OC&C (Commercial due diligence); JSA Tax Consultancy (Tax).
Company – Woodbridge International (M&A); Eversheds (Legal); Stevenson Hood Thornton Beaubier (Legal).
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