Active Capital Company (ACC) acquires, together with management, the shares of VDM Industries (VDMI). VDMI is a specialist in developing, manufacturing and filling of cleaning agents and is market leader in the mid-market of private label and contract manufacturing. Annually, VDMI delivers tens of millions cleaning products to leading players in both the professional and the household segment. VDMI is able to serve the diverging demand of its customers through its two entities, Van Dam Bodegraven and Multifill.
Investing and developing in sustainable segments
Mels Huige, partner at ACC: “We believe that VDMI has a very attractive position in the market. The combination of the different manufacturing locations enables VDMI to produce both large batches as well as more specialised runs.” Additionally, ACC sees opportunities in research and development: “VDMI has an impressive R&D department and cooperates closely with its customers. Therefore, we think that VDMI is very well positioned to anticipate trends, such as further development of sustainable alternatives based on environmentally friendly raw materials.”
Growth
Marc Bakker Schut, CEO of the company since 2007: “We are glad that, with ACC as investor, we have been able to bring in a strong partner that will help us to realise our international growth ambitions.” Bakker Schut aims at growth in this dynamic market: “We see solid growth in various segments, and expect that we can grow with our customers. By further investing in our manufacturing locations we will be able to serve our customers with our ca. 200 employees even better and more efficient.” Mels Huige adds: “During the acquisition process, we were very impressed by the good relationship between VDMI and its customers. We therefore believe that customers will look for solutions together with VDMI. We also see ample opportunities for a buy-and-build strategy, which will allow us to further strengthen the position and knowledge of VDMI. We have already started discussions with parties that should accelerate our ambitions related to sustainable packaging.”
About VDM Industries
VDMI consists of two companies, Van Dam Bodegraven and Multifill, located in Bodegraven and Mijdrecht. Both companies are specialised in developing, manufacturing, filling and packaging of cleaning products. Quality, flexibility and a focus on service are core values of VDMI. VDMI has two manufacturing locations and has an extensive automated production process. VDMI focuses on various segments such as household, disinfection, skin care, and professional cleaning products. More information can be found on the website.
About Active Capital Company
Active Capital Company (“ACC”) is an independent hands-on private equity fund focused on small- and medium sized enterprises in the Netherlands and Germany. ACC invests in companies active in the sectors Industry, Technical Wholesale and Business Services with revenues between € 10m and € 100m. Through a highly entrepreneurial and active approach, ACC maximizes the long-term value of its investments by supporting management in the execution of value enhancing projects and providing access to its extensive partner network. ACC currently invest from its fourth fund that has € 85m in committed capital, principally raised from institutional investors and entrepreneurs.
