Acquisitions

OptiGroup acquires Koemans Verpakkingen in the Netherlands

0
480

OptiGroup has acquired 100% of the shares of Koemans Verpakkingen. The acquisition, which marks OptiGroup’s 22nd addition in the last five years and its second in the Netherlands, continues the company´s European expansion, and further strengthens its strategic position in supply solutions for wrapping and packaging products to customers in the transport sector, e-commerce companies, food- and manufacturing industry. The purchase price has not been disclosed.

Koemans Verpakkingen, with a turnover of 28 million EUR in 2020, is a packaging specialist offering a wide range of packaging products and services. The company has developed very successfully as a family business, and will continue to be led by Frank Koemans as managing director together with his brother John Koemans. The company will become part of OptiGroup’s Packaging business area and will continue to operate under its current brand.

«Following the acquisition of Moonen Packaging in 2018» says Sören Gaardboe, president and CEO of OptiGroup, «we are today very pleased to continue our strategy of expansion in continental Europe with a second investment on the Dutch market. By welcoming Koemans Verpakkingen to OptiGroup we take another step towards being a leading player in selected markets and segments in Europe. We believe that by creating a stronger position we can serve our customers better, expand our distribution network and generate improved financial returns».

«With the addition of Koemans Verpakkingen, we bring a stronger offering to our customers in the Netherlands,» says Jesper Hall, senior vice president packaging at OptiGroup. «I really look forward to working closely with Frank Koemans and his team to further develop our business».

«Koemans Verpakkingen has been our family business for many years and it has been very important for us to find the right long-term home for it» adds Frank Koemans, managing director, and previous co-owner of Koemans Verpakkingen. «With OptiGroup we share both values and business philosophy and we truly look forward to continue developing the company with the resources and support from OptiGroup».