In The Netherlands, independent investment company Bencis Capital Partners has acquired the Stork Prints Group for an undisclosed sum. The company will continue to operate under its current name with the existing management, supported by Bencis. Some 1,350 employees will be involved in the take-over and Bencis says there will be “no negative consequences for current employment levels”.
The Prints Group had a total turnover of €186M in 2006.
Dick Joustra, president of Stork Prints comments: “With our new owners, we have the ideal foundations for the continued success of the prints group. It is very much a case of ‘business as usual’ as far as the day to day running of the company is concerned.”
Menno van der Meer, of Bencis, adds: “We are particularly looking forward to further develop the potential of Stork Prints. With a strong product portfolio in its main markets the financial position of the group is good. Recently introduced products are now establishing themselves in all major markets, providing a strong base for the future. “
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