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ANNUAL REPORT 2007 | 2008 - Gimv

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Luc van Gompel - CEO ANP<br />

GIMV INVESTS IN PRESS AGENCY’S<br />

INDEPENDENT PATH<br />

VENTURE CAPITAL ALLOWS ANP TO GROW<br />

ANP, the Algemeen Nederlands Persbureau, has recently become<br />

an autonomous enterprise, which is growing rapidly with<br />

corporate services. Luc van Gompel, ANP’s CEO since April<br />

<strong>2007</strong>, explains how ANP has become a successful marketoriented<br />

company.<br />

Why did ANP opt for <strong>Gimv</strong> as an investor?<br />

“Historically the Dutch newspapers have been ANP’s largest<br />

shareholders. In this way a large group of customers held most<br />

of the company, making external fi nancing a delicate operation<br />

calling for a respectful approach.<br />

<strong>Gimv</strong>, better known in the Netherlands under the name of its<br />

Halder subsidiary, took a fi rst shareholding in the press agency<br />

in 2004. In <strong>2007</strong> it increased its interest by taking over the<br />

shares still held by the newspapers. It had carefully examined<br />

our case with an investment team that reacted very alertly.<br />

<strong>Gimv</strong>’s partner shareholder is NPM Capital, with an equal sized<br />

shareholding. Management too holds a small amount. With the<br />

<strong>2007</strong> buy-out ANP became totally independent.”<br />

30 | <strong>Gimv</strong> Annual Report <strong>2007</strong>-<strong>2008</strong> | Operating and fi nancial report<br />

What has been the greatest added value in the<br />

cooperation with <strong>Gimv</strong>?<br />

“The fi nancing has allowed us to distance ourselves from our<br />

founder newspapers. <strong>Gimv</strong> expertly accompanied this transition<br />

period. The contact is a close one, with monthly fi nancial<br />

consultation, and we obtain good coaching.”<br />

Does <strong>Gimv</strong>’s international network offer you added<br />

value?<br />

“The press agency market is a somewhat unusual one as each<br />

country has its own press agency, which does not mean that<br />

we do not have international aspirations. We very much hope<br />

that <strong>Gimv</strong> will play a role in this. We are already cooperating<br />

well, for example, with Belgian press agency Belga. The growth<br />

strategy we are following has been made possible in part by<br />

<strong>Gimv</strong>’s capital contribution.”<br />

Where does ANP see growth opportunities in the<br />

market?<br />

“ANP continues to fulfi l its press agency role with the media<br />

as major customers, representing a good one third of sales.<br />

The other two thirds come from the business-to-business market.<br />

Delivery of photographic images plays a large part in this.<br />

Creating newsfeeds for major companies is another signifi cant<br />

area. ANP delivers newsfeeds, for example, to all Shell offi ces,<br />

which is a major advantage for each company wanting to know<br />

whenever it is mentioned in the press and to be informed of<br />

reporting on specifi c subjects. Online media are the ideal channel<br />

for this.”

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