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Nieuws - 12 May 2022 Press Release | Navitas Capital and MULTIFIX Group
Navitas Capital has acquired a controlling interest in MULTIFIX Group, a technical supplier of fasteners, customised components and assembled products. The cooperation with Navitas Capital signifies a major step in MULTIFIX Group’s growth strategy to become a leading international market player. MULTIFIX’s current management will continue to pursue the chosen strategy, with the accompanying objectives.read article
MULTIFIX has more than 30 years of experience in special and other fasteners. The company’s broad product portfolio with over 40,000 items purchased through a network of around 500 high-quality manufacturers. MULTIFIX has extensive knowledge and experience in the area of customer-specific metal and plastic parts, fasteners and related products. Coupled with strong customer relationships and its own sourcing hub in China, this positions MULTIFIX as a reliable supplier to OEMs and other manufacturers in the Netherlands, Germany and other countries.
Arthur Burgmans (director and major shareholder of MULTIFIX Group):
‘Since it was established in 1988, MULTIFIX has grown into a fine company with ambitious and committed employees. I couldn’t be prouder of what we’ve achieved together over the years! To continue to grow, we looked for a partner with the same standards and values. We found that partner in Navitas Capital. Together we can keep growing and strengthen our market position.’
Arno Heesters (CEO of MULTIFIX Group):
‘I’m delighted to partner up with Navitas Capital. We’re already a great company, but I’m convinced that with Navitas, MULTIFIX and our employees will be even stronger. We have substantial ambitions as an organisation. Partnering with Navitas enables us to achieve our goals quicker. And this will strengthen our role in the chain, allowing us to continue and improve the high quality and service that our partners have come to expect from us.’
MULTIFIX offers its products and services to around 1,000 customers operating in various end markets, including healthcare, automotive, food processing, agriculture, transport systems and renewable energy. From its central role in the supply chain, MULTIFIX is a valuable strategic partner for customers. Each of the various services it offers, such as co-engineering, assembly, logistics support and automation, have their own added value. The company sets itself apart in the market through continuous product and service improvements, driven by close cooperation and contact with customers.
Ernst-Jan Koziolek (Investment Director at Navitas Capital):
We’re extremely impressed with the company’s market position and development to date. Its entrepreneurial mindset, long-term vision and excellent market reputation form the common ground for the strategic partnership between MULTIFIX and Navitas Capital. As MULTIFIX has developed into a leading player, we see many growth opportunities to continue strengthening this position. And we look forward to future cooperation with the management.’
* The transaction is subject to the approval of the relevant authorities.
About MULTIFIX Group
MULTIFIX, established in 1988 and based in Bergeijk in the Netherlands, is a technical wholesaler of fasteners, customised technical components and assemblies. The company has achieved strong growth in recent years, including through acquiring Essit Assemblage, C&D Fasteners and VEN Fasteners between 2014 and 2019. With its head office in Bergeijk and a sourcing hub in China, the company currently provides work to 164 employees.
About Navitas Capital
Navitas Capital is a Dutch investment company built over the years on entrepreneurship and long-term vision. With its active growth objective, Navitas has been investing since 2006 in promising, strongly managed companies with demonstrable growth prospects. The investments coupled with committed management are aimed at building stable and successful companies. Navitas Capital’s portfolio consists of both private and listed companies.
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