HAL backs two Dutch greenhouse businesses

HAL has signed agreements to acquire 60% of the shares in Stolze and to acquire 24% of the shares in PD Greenhouse Beheer (known as Prins Group).

Both transactions are subject to the customary closing conditions, including approval by competition authorities, and are expected to close in the first quarter of 2021.

Stolze and Prins are both active in the greenhouse building sector. Stolze provides technical systems for horticultural greenhouses, generating €95m in sales in 2019 with 120 staff.

Prins is active in building and producing greenhouses and integrated greenhouse projects. It generated sales of €36m last year and employed 45 full-time staff.

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

• Topics
• Buyouts
• Expansion
• Benelux
• Industrials
• Netherlands