Deal Teaser – Trading Company in door & window design | The Netherlands

Business Description

Our client currently holds 100% of the shares in a company that operates a business in the trading of door and window fitting, door and window furniture and door and window design (“Business”). The company is family owned and currently cosists of three shareholders, the parents and one son. The company was established in 1996. The client established an internet company in 2014.

Profile
De Business sells exclusive lines, a private label and everything in between. Exclusive lines are purchased from European suppliers, while private labels are produced in China. All products are made of stainless steel. Products can be made fashionable through coating under direct management.

The company has a traditional sales channel through 500 dealers in the Netherlands and Belgium. The internet company offers over 23.000 products that are sold throughout Europe. This is done using over 150 registered internet domain names. The internet company is unique due to its data driven sales and highly automated processes. The company has its own in house marketing team.

Direct competition is fragmented in both local companies as well in companies that are owned by private equity houses and that operate worldwide.

Location
The Business is located at the central part of the Netherlands. Dealers are located in the Netherlands and Belgium. Internet sales are done throughout Europe.

Employees
Currently the Business has 34 FTE of which 20 FTE with a temporary contract and 14 with a fixed contract. This number includes one of the shareholders. The average age is 43.

Reason for Selling

Two of the three shareholders are at the age of retirement. The target is 100% sale of the shares. The third shareholder, not at the age or retirement, is willing to stay at the company for a transition period of no longer than 1 year.

Key Financials

year sales ebitda net income nfp
2021 EUR4,440,000.00 EUR830,000.00 EUR0.00 EUR0.00
2020 EUR3,835,000.00 EUR725,000.00 EUR0.00 EUR0.00
2019 EUR3,080,000.00 EUR558,000.00 EUR0.00 EUR0.00

Additional Information

The target is 100% sale of the shares.

Robin van Denderen

Advisor
Schuiteman Corporate Finance