
Anders Invest buys Van Dam Machines
Anders Invest has wholly acquired Van Dam Machines, an Amsterdam-based company producing and selling printing machines for cups and trays.
The deal, values Van Dam at less than €25m, Unquote understands. The buyout was sourced off market and is Anders Invest's 16th transaction since 2014.
Director René Jepma, owner of Van Dam since 2009, has sold his stake in the business.
The GP will initially support the business in its organic growth, but will eventually also consider opportunistic bolt-ons.
Founded in 2014, Anders Invest is an industrial-focused GP, providing equity tickets of €1-50m to companies with more than 25 employees and a turnover of more than €10m. Portfolio companies can have an enterprise value of up to €250m.
The GP's maiden vehicle, Anders Invest Evergreen Fund, regularly opens for new capital and it completed its fifth capital round in May this year, bringing the total fund size to almost €70m.
Company
Van Dam, founded in 1962, produces and sells printing machines for plastic and paper cups and trays, especially for the food industry. It is specialised in dry offset printing machines and photographic In-Direct Flexio printing machines for rigid packaging.
Generating a turnover of approximately €15-20m, the business employs 60 people. Van Dam has headquarters in Amsterdam and facilities in Fairfield, in the US. It assembles the machines in its factory in Amsterdam and sells them from the Netherlands and the US.
People
Anders Invest – Rutger de Vos (partner).
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