Advised on Sale of CompanyIndustrials
Acquired 100% of Business Operations
IMAP advised sheet metal machining company Blokland Metaalbewerking has been sold to competitor Dumaco. Terms of the deal were not disclosed.
Blokland manufactures ferrous and non-ferrous semi-finished products from its 2 modern machining production sites in the Netherlands. Founded over 50 years ago, the company is a onestop-shop specialist with a high reputation in the market.
Dumaco is also a specialist in the sheet metal working field. The company makes parts, assembled products, sub-assemblies and complete installations and has over 200 machines and 700 employees, across 6 locations in the Netherlands. With the acquisition of Blokland, Dumaco strengthens its position in the sheet metal market.
The IMAP Netherlands team, led by Remco Schouten, acted as sole financial advisor to Blokland throughout the sale process.