Internal buy-out at Elbeka
Mr. Jan and Wim van Papendrecht have acquired the remaining 34% of the shares of Elbeka Holding B.V. The team of Rembrandt Mergers & Acquisitions has assisted the buyer with this transaction.
Elbeka is active in the wholesale of domestic appliances such as fridges, laundry machines, microwaves, but also air vents and razors. The company focuses on the lower segment of the market and is a supplier to several large companies. Elbeka supplies private label products, but also several brands such as Everglades and White Knight. The company has become an important player in the market for these products.