Monthly M&A Insider - Mergermarket

Deal of the month
Target: Vanderlande Industries Nederland BV Announced: 9 March 2009
Bidder: NMP Capital NV Deal value: -
Seller: ABN AMRO Participaties BV Deal nature: Acquisition, SBO
• NPM Capital NV, the Netherlands based private equity
firm, has acquired a 42% stake in Vanderlande Industries
Nederland B.V, the Netherlands based company providing
automated material handling systems, from ABN AMRO
Participaties B.V., the Netherlands based private equity
firm, for an undisclosed consideration.
Benelux
• Vanderlande reported annual revenues of €610m in
2008 and employs about 2000 people. Vanderlande
Industries has been part of NPM Capital’s portfolio since
1988. NPM Capital NV initially had a 43% stake in the
company and post acquisition it will hold about 85%. The
increased stake in Vanderlande is in line with the strategy
of NPM Capital. Further, the transaction is in line with
Vanderlande’s international growth strategy.
Sources of funding
Equity provider Amount (€m) Stake Debt provider Terms
NPM Capital n/a 42%
Exit multiples – Y/E [31/03/2008]
Multiples Value (€m)
Revenue n/a 610.57
EBITDA n/a 60.18
EBIT n/a 54.09
Earnings n/a 34.06
Advisers
Target/Seller Bidder
Financial Boer & Croon Financial
Legal Van Doorne Legal Allen & Overy
PR PR
Monthly M&A report – 147