Active's Hendrik Veder bolts on Universal Inspection
Active Capital Company's Netherlands-based Hendrik Veder Group (HVG) has acquired Aberdeen-headquartered Universal Inspection, an equipment testing and supply business.
HVG was created by the merging of several companies, starting with RopeQuip, acquired by Active in 2011 via its vehicle Active Capital Company Fund 1.
In 2012, RopeQuip merged with Hendrik Veder and European Rope Services. Subsequently, the group acquired Dutch business G van der Lee Rope Factory in 2013, and Norwegian company Myhre Rope Services in 2015.
Today, Active Capital Company is the majority shareholder in HVG.
With sites in five European countries, HVG is a provider of lifting and inspection services, and operates wire rope sling production and test facilities. Based in Rotterdam, the company currently employs 130 staff and generates a turnover of €50m.
The bolt-on will facilitate HVG's UK and international growth strategy.
Company
Universal Inspection, founded in 2000, is a testing, lifting and marine equipment supply onshore and offshore service. The business employs 17 staff at its base in Aberdeen.
People
Hendrik Veder Group – Findlay Moir (UK managing director).
Active Capital Company – Dick Zeldenthuis (managing director).
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