Photobox Group, Europe’s leading personalisation business, has acquired Dutch online cards and gifting retailer Greetz. The acquisition makes Photobox Group the European market leader in online greetings cards and personal gifting through the Greetz and Moonpig brands.
“Joining Photobox Group gives us access to a Europe-wide pool of talent, expertise and creativity as we build the next stage of Greetz story” said Niek Veendrick, CEO of Greetz.
Founded in 2001 as online greetings card retailer Greetz has now established itself as Holland’s number one brand in personal gifting, with strong positions in categories like online flowers, chocolate, beverages and balloons. In 2017 the company sold almost one million gifts. Growing at 25% year on year, the business is on course to double its 2015 revenues in 2018.
Nielen Schuman acts as exclusive financial advisor to the selling shareholders of Greetz.
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Freshstream acquires Worldstream, a leading dedicated hosting and IaaS provider. Click here for the full press release
US-based AIT Worldwide Logistics (backed by TJC) has entered into a binding purchase agreement to acquire Lubbers Logistics Group, a European logistics company specialising in high-value, complex, and time-sensitive transport services. The purchase will serve as a significant milestone for AIT as the company continues to expand its global reach and enhance its offerings in road transportation, freight forwarding, and project cargo logistics, particularly in the energy sector. Joining forces with AIT Worldwide Logistics is a strategic move that will allow Lubbers to continue providing...
We are excited to announce the promotion to Partner of Joost Moelker. Joost has been invited to join the Nielen Schuman partnership on the back of the great contribution he has made to our business and the strong commitment he shows to our colleagues, our clients and to the development of our firm. The promotion of Joost confirms Nielen Schuman’s ambition to further build our business and fortify our strong market position in the Benelux. Click here for the full press release
ETC announced it has acquired Amadys, a leading provider of end-to-end connectivity solutions in the Benelux, UK and DACH regions. The combination of ETC and Amadys is highly complementary and is expected to provide opportunities for both organisations to leverage enhanced product offerings and capabilities, as well as to realise synergies across the combined business. Nielen Schuman is delighted to have been involved once again in Amadys’ impressive journey, having also advised Vectis and management in 2019 on the sale of a majority stake to Equistone.Nielen Schuman acted as the exclusive...
Stora Enso, a listed Finland-based leading provider of renewable products in packaging biomaterials, wooden construction and paper, today announced it has reached an agreement to acquire De Jong Packaging Group, a leading North West-European corrugated packaging company for an enterprise value of EUR 1,020 million. The acquisition marks a big step towards growing Stora Enso’s activities in renewable and circular packaging solutions in North West Europe. Henk de Jong, former owner of De Jong Packaging Group, will retain an active role in the company. Nielen Schuman acted as exclusive M&A...
Unifiedpost Group, a fast-growing cloud-based platform which automates administrative and financial services along the financial value chain has raised EUR 100 million in growth funding from Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses. The funds will be directed towards further R&D investments in the business communication and payment network. Nielen Schuman has acted as Debt Advisor to Unifiedpost Group. Click here for the full press release.
Ohpen, a leading provider of a cloud-based banking platform, has raised €30 million in growth capital from Deutsche Bank. The funds will be directed towards continued expansion efforts into markets such as the UK and deepening Ohpen’s market-leading functionality.This step further solidifies Ohpen’s journey to becoming a world leader and compliments recent moves including the acquisition of lending technology leader Davinci, the appointment of supervisory board members Leni Boeren (KLM Air France supervisory board member) and recent hire of banking veteran Jerry Mulle as Ohpen UK Managing...
Argos Wityu, a pan-European private equity fund has reached an agreement with Harry and Arjan Schenk to acquire a majority stake in the company that carries their name as its current shareholders. The acquisition marks Argos' first investment by Fund VIII and highlights the strong commitment Argos has towards ESG in this Fund. Harry and Arjan have selected Argos Wityu for their experience in shareholder and management transitions in long-standing family businesses, their strong focus on ESG and to support the company in densifying its network organically and via an international buy-and-build...
A consortium consisting of NPM Capital and Teslin has declared its all-cash public offer for all of the issued and outstanding ordinary shares in ICT Group N.V., a leading industrial-technology solutions provider, unconditional. In the context of a consolidating industry, ICT Group aims to accelerate its growth strategy and has concluded this could best be achieved in a private environment. The consortium comprises of experienced and reputable investors with ample sector knowledge, expertise and financial backing who are committed to supporting and accelerating ICT Group’s strategy of driving...
Ergon Capital Partners and management acquire Summa from Gimv.With its digital finishing solutions, Summa responds to the evolutions in the attractive digital printing industry. The ongoing market shift from analogue to digital printing creates high production flexibility and enables mass customisation of products, driving demand for digital cutting tools. Technological evolutions result in an ever-increasing range of materials that can be printed and cut digitally, such as cardboard, stickers and textiles. The product portfolio expansion - from roll cutters to flatbed and laser cutting...