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AKD

PO BOX 59280, 1040 KG AMSTERDAM, NETHERLANDS
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AKD advises Hemmink in connection with the acquisition of KWx Group

May 2016

September 2015 - M.J. Hemmink Holding BV, parent of the Hemmink Group, has acquired all shares of KWx Holding B.V. and is now 100% owner of the capital of KWx Holding BV, which in turn is parent of KWx Group. Hemmink and KWx operate both as an importer in the Dutch and Belgian market, mainly in electrical engineering devices. KWx Group offers power electronics, explosion proof installation materials, and test and measuring instruments. Its most important warehouses are located in the Netherlands and Belgium but the group services customers worldwide. 

Hemmink Group is comprised of a number of companies involved in the  import and wholesale trade of a variety of products in the field of electrical engineering, industrial, lighting and HFC. Hemmink distinguishes itself in the market by its extensive (technical) knowledge and its customer-oriented logistics system. Hemmink supplies the electrical, lighting and industrial products mainly to the electrical and lighting wholesale, electrical engineering, contractors and housing associations industry.

The former majority shareholders of KWx Group will remain involved with KWx Group for a certain period of time.

AKD's M&A team was comprised of Carlos Pita Cao and Laura de Jong. 

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