KKR and CVC-backed Van Gansewinkel mulls IPO

The listing would allow the company to reduce its debt and prepare the way to make new acquisitions.

If the flotation goes ahead, it would be the second private equity-owned Dutch firm, after semiconductor company NXP, following the path to public markets this year.

Based on its 2009 results, van Gansewinkel would be valued at €1.7bn. No reports have been made on the stake that would be floated, nor on the sum the company would be seeking to raise.

The deal offers an alternative to the trade sale option, which has not particularly successful in recent attempts.

Last year, Essent scrapped the sale of its waste management business Essent Milieu as offers failed to meet the sellers expectations.

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• Topics
• Infrastructure
• Benelux
• Exits
• Netherlands
• Flotation
• CVC Capital Partners
• KKR