Target: | Trans-Com |
Advisory sell side: | Raeth | M&A Advisory |
Buyer: | Dubbeldam Groep |
Advisory buy side: | Iris Corporate Finance | M&A Advisory |
Date announced: | 2024-05-06 |
In a strategic move that reinforces its standing in the industrial sector, Dubbeldam Holding has successfully acquired Trans-Com. The acquisition marks the conclusion of Leen Wijnbergen's notable twenty-year tenure as a shareholder and director of Trans-Com. Wijnbergen is passing the torch to Dubbeldam, ensuring a seamless transition that promises to foster continued growth and success.
Approximately a year ago, discussions regarding succession began when Wijnbergen reached out to potential successors following his son's decision not to take over the family business. This decision set in motion a search for a suitable strategic partner that aligns with the DNA of Trans-Com, emphasizing the importance of understanding family business values and providing a supportive environment for its employees.
After thorough discussions and careful consideration of all options, Dubbeldam emerged as the ideal candidate. The acquisition was finalized last Tuesday, and it has been heralded as a success by all involved parties.
This acquisition not only secures the future of Trans-Com under the robust leadership of Dubbeldam but also offers a solid foundation for both entities to thrive moving forward. As Dubbeldam Group takes the helm, they are poised to further expand and enhance the business, supported by the legacy and expertise of Trans-Com.
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