Target Information
On August 21, 2024, Lavastica International, a subsidiary of investment company MKB Fonds, successfully acquired 100% of the shares in S.S.G. Shipping Services. This acquisition marks a significant milestone in the growth strategy for both companies within the maritime sector, where they have collaborated since 2004.
Lavastica International and S.S.G. Shipping Services are both leading wholesalers specializing in technical components for the maritime and offshore industries. Under this strategic partnership, they will continue to operate independently, maintaining their respective management teams, brand identities, and customer-centric approaches.
Industry Overview
The maritime industry in the Netherlands is renowned for its robust logistics and shipping services, benefitting from a strategic geographical position with access to major shipping routes. Being home to significant ports like Rotterdam, the Netherlands has established itself as a key player in the global maritime sector.
With a thriving network of maritime suppliers and service providers, the industry has seen steady growth, driven by innovations in shipping technology and a rising demand for offshore resources. This has led to an increasing reliance on specialized parts and services, such as those provided by Lavastica and S.S.G.
In recent years, there has been an observable shift towards sustainability and environmental consciousness in maritime operations. The industry is adapting to these changes by investing in cleaner technologies and more efficient supply chains, creating opportunities for companies that prioritize these advancements.
Moreover, the collaboration between Lavastica and S.S.G. positions both firms to leverage the anticipated growth in this evolving market while preserving their unique identifiers and operational strategies. They can enhance customer service and product offerings through shared expertise and resources, thus gaining a competitive edge.
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Rationale Behind the Deal
The strategic acquisition allows Lavastica to enhance its market position and expand its service offerings to a broader customer base while ensuring that both companies can maintain their individual value propositions. By combining their strengths, Lavastica and S.S.G. can innovate more effectively and address the increasingly dynamic demands of the maritime market.
This partnership not only enables a synergistic enhancement of operational capacities but also preserves the unique brand identity and core values that have set both companies apart in the industry.
Investor Information
MKB Fonds has been a key player in supporting small and medium-sized enterprises through strategic investments, contributing to growth and further development within various sectors. Since its involvement with Lavastica International in 2016, the company has experienced significant growth under the leadership of Managing Director Daan Korenhoff.
MKB Fonds’s investment strategy focuses on companies that demonstrate strong growth potential and operational excellence, contributing to the overall strength and competitiveness of the Dutch economy. The acquisition of S.S.G. aligns well with their mission, providing both companies with the resources needed to innovate and expand further.
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The acquisition of S.S.G. Shipping Services by Lavastica International is a positive development for both companies, potentially paving the way for accelerated growth and enhanced market presence. By maintaining operational autonomy and brand identities, the partnership respects individual company strengths while fostering collaboration.
Furthermore, this strategic union is aptly timed to capitalize on current market trends toward sustainability and technological advancement in maritime operations. Emphasizing innovation and customer service, both firms stand to improve their offerings significantly.
In expert opinion, this deal may indeed prove to be a sound investment. The maritime sector's trajectory indicates a growing demand for specialized services and products, and with the combined expertise of Lavastica and S.S.G., they are well-positioned to meet these demands effectively.
Overall, this acquisition is anticipated to create substantial value for customers, allowing both companies to stay competitive in an ever-evolving marketplace while driving forward their shared vision for success.
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Lavastica International
invested in
S.S.G. Shipping Services
in 2024
in a Buyout deal
Disclosed details
Revenue: $43M