Target: HB Returnable Transport Solutions
Seller Mentha Capital
Advisory sell side: Rabobank | M&A
JB Law | Legal Advisory Corporate M&A
SINCERIUS | Financial Due Dilligence
JSA Tax | Tax Advisory
Buyer Arcus Infrastructure Partners LLP
Advisory buy side: Allen & Overy | Legal Advisory Corporate M&A
EY-Parthenon | Commercial Due Dilligence
Royal Haskoning DHV | Technical Due Dilligence
BDO | Financial and Tax Due Dilligence
Date announced: 2021-12-08

HB Returnable Transport Solutions, an Utrecht based company responsible for cleaning, managing and leasing 2.8 million plastic crates, pallets and boxes, is getting a new owner. British investor Arcus Infrastructure Partners LLP will acquire 98% of the company's shares and approximately 130 employees. The seller is Amsterdam investment company Mentha Capital, which has been a major shareholder of HB RTS since 2017. HB RTS has a turnover of approximately 35 million euros and has. amongst others, 10 branches in the Netherlands. The company, formerly known as Habé Middelencentra, is a logistics service provider that processes (returns) packaging for companies in the food and beverage industry. Customers include food manufacturers, supermarkets and transporters.

Source fd.
Source Mentha Capital