NETHERLANDS - Fortis PE wholly acquires Kuiken

The Kuiken family who previously held a 44% stake and NPM Capital which held 38% have ceded their interest in the firm.

Kuiken, based in Emmeloord, is a holding group for a number of companies active in the distribution of equipment for heavy construction, material handling and agriculture. The company has 700 employees and recorded a turnover of EUR 300m in 2008, EUR 200m less than the previous year.

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