– Corporate Finance
– Private Equity
Holonite, a leading provider of composite building elements in The Netherlands, owned by Bolster Investment Partners, was sold to BUVA.
Holonite, headquartered in Tholen, produces and distributes high-end standard and customized composite building elements. Products include, among others, door thresholds, window thresholds and wall covering elements. BUVA, part of Pallieter Group, located in Barendrecht is one of the market leaders in the field of hinges, locks, and thresholds.
The goal of this acquisition is to strengthen the market position of BUVA in composite thresholds and wall coverings. Because of their strong brand name, both BUVA and Holonite will operate independently. Besides strengthening the market position, BUVA and Holonite can achieve numerous synergies and economies of scale. These synergies include production, sales, COGS and product development.
Vondel Finance acted as the exclusive financial advisor to Bolster Investment Partners in the sale of Holonite to BUVA.