Egeria buys textiles wholesaler Nooteboom

The Nooteboom family, which is the fifth generation to own the business, will retain a significant minority stake in the new company.

The GP closed its fifth fund, Egeria Private Equity Fund V, on €800m in December 2017 but drew equity for this transaction from the €600m Egeria Private Equity Fund IV.

Details of the transaction were not disclosed but the vehicle generally targets equity investments in companies with an enterprise value between €50-350m.

The company's CEO, Sander Nooteboom, said in a statement that Egeria's support will allow the business to expand into new countries and markets.

Company
Nooteboom was originally founded as a gentlemen's clothing shop in Tilburg in 1852. The company now specialises in wholesale of women's and children's clothing fabrics. It has operations in 50 countries and employs approximately 85 people.

People
Egeria – Hans Oerlemans (partner).
Nooteboom Textiles – Sander Nooteboom (CEO).

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• Buyouts
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