Management Buy-Out at Timmerfabriek de Rietstap

Transaction
The shares in Timmerfabriek de Rietstap B.V. (part of Klaasen Groep) have been acquired by means of a management buyout. Rembrandt M&A acted as the exclusive financial advisor of the seller, and subsequently assisted on arranging the financing for the management.

Parties
Timmerfabriek de Rietstap was a company located in Dinxperlo, the Netherlands, that produced doors and window frames. At the point of the buyout, the company employed 55 people.

Klaassen Groep is a construction company with branches in Dinxperlo and Arnhem. The company has 146 employees and has a history dating back until 1851. Klaassen is active in all steps of the construction process: Developing, designing, constructing, managing, maintaining, and financing. Also, Klaassen is active in constructing both residential and non-residential buildings, as well as property development and maintenance.
For more information, see: www.klaassen.com