Parcom Capital and Robert van der Wallen will acquire the shares of NSM – a specialist in development, distribution and marketing of non- and near-food essentials – from Capital A (previously known as ABN AMRO Participaties) and NPM Capital. H2 Equity Partners and management will increase their respective shareholdings in the company.
NSM’s management and H2 Equity Partners are pleased with the investment of its new majority shareholder. Wouter Meijerink, CEO of NSM: “The combination of Parcom Capital and Robert van der Wallen provides knowledge and a network and capital which will be highly valuable in realising NSM’s growth ambitions to further expand its platform and consolidate the market in Western Europe.” Gert Jan van der Hoeven, Managing Partner of H2 Equity Partners: “In the last few years, a lot of progress has been made and we have realised a significant transformation in our company as well as for our clients. I look forward to entering the next phase of growth together with this successful management team, Parcom Capital and Robert van der Wallen.”
Parcom Capital provides specialist knowledge and guides companies through phases of sustainable growth and transformation. Allard Jacobs, Managing Director: “Nedac Sorbo Mascot is an ambitious company with an excellent position in the non-food category at leading food and non-food retailers. This category is changing enormously and NSM has proven its ability to provide retailers with creative and cost-effective solutions that can help shape this transformation.”
Parcom Capital is a Dutch private equity firm that partners with entrepreneurs and management teams to realise their growth ambitions. Since 1982, Parcom has supported more than 80 (international) companies, mostly in co-investment and close cooperation with the founders. Recent investments include TAF, Altrex, Simpel, Jan Snel, GoodHabitz, Euroma, ConDoor and Viroclinics.
Nedac Sorbo Mascot has circa €250 million in revenue and is located in Duiven (headquarters – NL), Hoorn (NL), Beendonk (BE), Bath (UK), Leiston (UK) and Liederbach (DE).
The transaction is pending approval of the ACM (Autoriteit Consument & Markt) and other customary conditions. It is expected that the transaction will be finalised in the coming months.