Torqx Capital Partners has signed an agreement to sell its majority stake in Sonic Equipment to Dutch investment company Egeria, aiming to drive further growth and international expansion.

Information on the Target

Sonic Equipment, founded in 2004 by Remko Papenburg and Niels Veldt, is a global leader in the development, marketing, and distribution of professional hand tools and premium storage solutions. The company has established itself as a major player in over 65 countries, providing its clients with an extensive product range of more than 6,000 high-quality tools. Sonic has experienced robust growth, particularly after partnering with Torqx Capital Partners in 2019 to facilitate international expansion.

Under the guidance of its current management team, Sonic has accomplished significant milestones, including doubling its size and successfully entering various new markets. With headquarters in the Netherlands and operations in Germany, Austria, France, Taiwan, Italy, and the USA, the company has developed a strong global presence and maintains a customer-centric marketing strategy.

Industry Overview in the Netherlands

The Dutch tools and storage solutions industry is characterized by a dynamic market, driven by technological innovation and increasing demand from various sectors, including const