Rembrandt M&A conducted an independent valuation on the shares in VBR Holding B.V. Rembrandt M&A acted in the context of a transfer of shares between shareholders.
VBR Turbine Partners is opgericht was founded in 2000 by three former employees of Thomassen and GE. At the time of the foundation, the company was specialized in parts and maintenance for GE LM turbines. Over the years, VBR specialized in other fields of maintenance, such as control systems, condition monitoring, consulting and training. The company currently is a full-fledged maintenance partner for a number of GE-manufactured turbines. The company is located in the Netherlands, the United Kingdom, the United Arab Emirates (both Dubai and Abu Dhabi), and in Russia (Moscow).
For more information, see: www.vbr-turbinepartners.com