In August 2006, ABN AMRO acquired a minority stake in Kiwa for an estimated GBP25-50m from the Dutch water companies through the ACTA investment company.
Shield Group Nederland is also an independent organization that belongs to ACTA and is entering a new stage as a consortium of quality, inspection and testing companies.
Kiwa said during these five years, from a Dutch company it became a medium-sized European player with operations in over 50 countries.
The secondary buyout structure is subject to the consent of the Netherlands Competition Authority NMa, and is expected to be effective early September.
Kiwa CEO Paul Hesselink said in the next five years, Kiwa will focus on doubling its turnover and network. NPM Capital endorses and supports this strategy completely.
NPM Director Johan Terpstra said NPM has always had an interest in helping strong Dutch companies expand internationally. Kiwa is such a solid company with great potential.
"We have confidence in this development and support it because the management of Kiwa does not only show that it has vision, but also entrepreneurship to realise this vision. Our investment will allow the current strategy to be continued in full, in order to let Kiwa become an independent, robust and versatile European high-quality company," Terpstra said.
With office in Amsterdam and Brussels, NPM Capital invests in medium to large-sized companies. NPM Capital has over 60 years of experience in financing buyouts and the provision of growth capital in the Benelux. NPM Capital manages a portfolio of more than 25 investments.
