On January 17th, the shareholders of Nooteboom, a leading wholesaler of finished textile fabrics, reached an agreement with Egeria, an independent Dutch private equity investor. The current shareholders will retain a significant minority stake in the Company. Furthermore, Sander Nooteboom, who has led Nooteboom since 1994, will continue to be involved in Nooteboom’s day-to-day business.
Founded in 1852 and headquartered in Tilburg, Nooteboom is a textile wholesaler specialised in women and children fabrics with a market leading position in Europe. Under the ownership of Sander Nooteboom, the Company has experienced rapid growth in the Netherlands as well as internationally mainly as result of a strong focus on client relationships in combination with a broad product portfolio.
In Egeria, Nooteboom has found a valuable partner with a wealth of experience in successfully supporting companies during their next growth phase. Egeria’s international network, sector knowledge and broad experience will enable Nooteboom to accelerate its ambitious growth strategy and support the Company during further international expansion, roll-out of its digital strategy and product diversification.
KPMG Deal Advisory has provided exclusive and full scope M&A advisory services as well as financial and commercial vendor due diligence support to the shareholders and management of Nooteboom. KPMG has been involved throughout the entire process, advising Nooteboom towards the successful completion of the transaction with Egeria.
KPMG Deal Advisory consistently ranks as the number one M&A adviser, according to the Mergermarket transaction volume league tables. KPMG firms operate globally in 84 countries with over 8,200 Deal Advisory professionals who are able to meet the needs of clients across the globe. KPMG Deal Advisory completed 400 deals globally in 2017 cementing its number 1 global position.