Committed Capital buys Intersteel from 5Square

The sale ends a two-year holding period for 5Square, which bought Intersteel from ING Corporate Investments, Rikon Holding and Peter van Leeuwen, who retained a stake in the company.

Under 5Square's ownership, Intersteel increased its revenues, implemented an omni-channel strategy and expanded its product range.

Company
Founded in 1902 under the name Van Leeuwen, Intersteel specialises in designing and manufacturing door handles as well as window fittings with matching accessories.

The company is based in Rhenen and employs 60 staff.

People
Committed Capital – Wai Ki Chiu (partner).
5Square – Mark Gitsels (partner).
Intersteel – Ronald Taling (CEO).

Advisers
Vendor – Oxeye Advisors (corporate finance); De Breij (legal); Deloitte (financial due diligence).
Acquirer – Venture Lawyers (legal).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Buyouts
• Benelux
• Consumer
• Netherlands