Transaction year:
February 2021

Transaction type:
– Corporate Finance
– Buy-out

Transaction sector:
– Consumer Goods & retail

Azalp, a Dutch online retailer for garden items, was partly acquired by new management.

Azalp is an pure e-commerce player selling sheds, canopies, pools, sauna’s, log cabins, garden chalets, etc to consumers in the Netherlands, Germany and Belgium. Since 2012 it operates an experience centre for consumers. The company is headquartered in Etten-Leur and was founded in 1998.

Azalp expanded its management team through an MBO/MBI. New management acquired part of the shares from the company’s founders.

Vondel Finance acted as lead – advisor in this transaction.