Transports Vervaeke N.V. acquired 100% of the shares of Holding Van der Lee Internationaal B.V. and her 100% subsidiaries. IRIS CF acted as buy-side M&A and debt advisor.
Vervaeke
The Belgian family company Vervaeke (founded in 1935) focusses on the transport of chemical goods such as industrial products and chemical waste, and petroleum products by land (ADR). Vervaeke currently is a leader within this sector in Belgium.
For more information, please see: www.vervaeke.com
Van der Lee
The Dutch family company Van der Lee (founded in 1919) is active in the transport of hazardous and non-hazardous liquids by land. Van der Lee has acquired a number one position in the niche market of ‘coated transport’ in The Netherlands and is one of the top 5 companies in the field of bulk transport of hazardous substances (ADR).
For more information, please see: www.vanderlee.nl
Strategic combination
With the strategic acquisition of Van der Lee, the combination of Vervaeke and Van der Lee will be an important player in the area of the port of Rotterdam, Antwerp and the Ruhr are (ARRRA cluster), which represents more than 40% of the chemical market. The combination will be leader in the sector of basic chemicals and will acquire a number 2 position within the niche market of chemical and ADR-goods in the Benelux.