June 28, 2018 Anders Invest
Anders Invest has acquired a 65% stake in Aldowa in Rotterdam. With this company, known for its modern, self-managing organization from the book “Semco in de polder”, Anders Invest expands its portfolio to 13 companies.
Aldowa, with more than 55 employees, is a top player in the Netherlands in the field of the engineering, production and assembly of metal and composite facade cladding. The company has collaborated on high-profile objects such as the Markthal and Central Station in Rotterdam, the Houthavens in Amsterdam, Hilton at Schiphol and the Mercedes-Benz flagship store in The Hague. All major Dutch contractors and project developers are Aldowa’s customers. Increasingly, the company inspires architects with ingenious and innovative façade cladding so that Aldowa is more and more involved in the design phase of projects. Aldowa has a complete machine park in Rotterdam to produce every desired shape and colour. With its subsidiary Aldowa Composites, the company also produces façade cladding of composite material.
The shares were bought from Jan Boom and Allard Droste, owners of Aldowa since 2007. Droste will remain as minority shareholder. Current shareholder Alwin Versluis expands his interest and will continue to run the Aldowa management together with Jan Boom.
The company has been growing hard for years, even during the construction crisis, partly because it is capable of realizing increasingly complex and finer facades in an efficient manner. Due to the increasing demands on circular construction and energy consumption, the 40-year-old company sees sufficient opportunities for further growth. Aldowa is characterized by a strong self-managing organization with a lot of responsibility for the employees. Anders Invest wants to apply a number of these ‘best practices’ to its other portfolio companies.