Arcus acquires HB Returnable Transport Solutions
| 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 |
Story:
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