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BELGIUM - KBC invests in Multi Media Services Groep

  • Wietske Blees
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KBC Arkiv, the joint subsidiary of KBC Private Equity and Arkimedes, has invested in Multi Media Services Groep (MMS Group), a distributor of home entertainment products such as DVDs, audio CDs and games. No further details have been disclosed. This is the 4th investment made by KBC Arkiv

The MMS Group comprises 2 operational companies. Multi Media Services includes the distribution of the home entertainment products. Merchandising Logistic Services is a logistics platform that provides services associated with the sale of home entertainment products such as order picking, checking, anti-theft protection and the taking back of unsold items.

In its last financial year, the MMS Group recorded a turnover of EUR 24m and is forecasting growth in the coming years of 10% per annum.

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