Vander Elst Group acquired by private investors

A group of private investors successfully completed the acquisition of the Vander Elst Group, one of the market leaders in the wholesale of electro-technical tools and appliances. The transaction included a partial re-investment by the seller, who together with the financial support and expertise of the investors, aims to further develop and grow the business of the Vander Elst Group.

As the trusted advisor to both seller and buyer, Quinz acted as sole legal advisor for the transaction (with Klaas Thibaut acting for the buyer and Bart Lintermans for the seller; other team members included Wout Hooyberghs, Marieke Van Driessche and Michiel D’Herde).

The deal value remains confidential.

 

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