August 11, 2016

Nordian Capital acquires Alcomex together with management

Nordian Capital has together with a management buy in team (Conrad Hietink and Jelle van Vliet) acquired Alcomex. Alcomex specializes in designing, producing and selling technical springs. Alcomex has production facilities in the Netherlands, Poland, Czech Republic and India. In addition the company has sales offices in Poland and Germany.

In the past years Alcomex has built a leading position in the European Doorsping market and in addition is growing its position in the European market for industrial springs.

The shares of Alcomex have been acquired from Fred Baas who was looking for a successor for his company. Mister Fred Baas will together with Conrad Hietink and Jelle van Vliet form the management with the aim to further expand the company.

Jelle van Vliet, Conrad Hietink: “The cooperation with Nordian Capital offers us a solid basis to further grow Alcomex. The enthusiasm of Nordian gave us as management a positive feeling from the start. We are confident Alcomex can continue is healthy growth in the coming years and believe we have found the right partner to realize this”.

Patrick Groeneveld and Caspar Mutze of Nordian Capital: “We are enthusiastic about Alcomex and its growth strategy. We share the vision and enthusiasm of the management team. The position and growth opportunities of Alcomex in the European spring market are highly attractive. With the strengthening of the management team with Jelle van Vliet and Conrad Hietink we are confident in the future of Alcomex”.

About Alcomex

Alcomex is a specialised company manufacturing all types of springs for technical applications. The company has production locations in Opmeer (Netherlands), Czech Republic, Poland and India. Alcomex guarantees craftsmanship, optimum quality and surprisingly sharp prices.