Transaction year:
2014

Transaction type:
– Corporate Finance

Transaction sector:
– Cleantech, Energy and Sustainability

Niaga is a technology company with an initial focus on the carpet industry. It had developed a concept (including a machine) producing carpet out of one (mono) material making it fully recyclable at the end of use.

Part of the concept was a polyester adhesive developed by DSM. Niaga and DSM jointly saw an opportunity to further develop the concept and market it internationally in a joint venture.

Vondel Finance partners acted as advisor to Niaga in the set up of the Joint venture.