Torqx Capital Partners has successfully exited its investment in THB Verhoef by selling the company to Novidam Capital Partners, paving the way for future growth in the maritime components sector.

Information on the Target

THB Verhoef, also referred to as THB, is a prominent distributor based in Zwijndrecht, The Netherlands, specializing in premium European-made components for medium-speed marine engines. Established in 1981, the company has built a solid reputation in various sectors, notably marine and energy, by providing high-quality parts coupled with exceptional customer service. THB maintains partnerships with esteemed European Original Equipment Suppliers, which allows them to ensure fast deliveries, quality assurance, and a commitment to continuous improvement.

In recent years, THB has experienced significant growth through the expansion of its service portfolio, the strengthening of customer relationships, and enhancements in its operational capabilities. This growth trajectory highlights THB's dedication to meeting the evolving needs of its clients within a competitive market.

Industry Overview in The Netherlands

The Netherlands is renowned for its robust maritime industry, which is characterized by a rich history of shipbuilding and marine engineering. The country's strategic geographic location facilitates significant trade ac