Wim van den Bosch, CEO of MPS
ABN AMRO Participaties (AAP) has reached an agreement to acquire MPS from majority shareholder Braver Investments, Oost NL and the founders of MPS.
CEO Wim van den Bosch, and Willem Huijink (CFO) as well as founders Bert van den Brink and Eric Hoendervangers will remain with the business and invest alongside AAP.
Headquartered in The Netherlands, MPS is a leading provider of end-to-end narrow and mid-web printing solutions. The Company’s flexographic, offset and flexo-digital hybrid printing presses are used in the fast-growing label and flexible packaging industries, with end-markets such as food and beverage, household products and pharmaceuticals. MPS’ products are sold on a global scale with a strong market presence in Europe and increasingly in Asia and North America.
ABN AMRO Participaties is the independently managed private equity business of ABN AMRO, with a focus on investments in Dutch companies.
Wim van den Bosch, CEO of MPS, commented, ‘In the past few years under the ownership of Braver Investment and Oost NL, MPS has gone through a strong development from a product, a financial and an organizational point of view. MPS is now ready to enter into a new growth phase to become a top-three player in the market. We therefore started looking for a new strong shareholder that is able and willing to support MPS in realising and accelerating its business plan. I am convinced that with the support of AAP we will be able to achieve our ambitious growth target the coming years.’
Friso Janmaat, managing director of ABN AMRO Participaties said, ‘MPS is an excellent example of a successful Dutch company with a great product, a strong management team and potential for growth. We’re excited about working with the company and its management team during the years ahead to realise its growth plans.’
