Shinagawa Refractories Co., Ltd. has acquired Gouda Refractories Group B.V. to enhance global expansion and sustainability efforts in the refractory industry.

Target Information

Gouda Refractories Group B.V., headquartered in Gouda, the Netherlands, is a leading manufacturer of (high) alumina refractory materials and a provider of refractory services. Originally part of the Andus Group, Gouda has experienced substantial growth supported by Gilde Equity Management (GEM) since 2021. The company has heavily invested in enhancing its organizational structure, production capabilities, innovation, and R&D efforts, resulting in successful expansion. With the addition of Shinagawa Refractories Co., Ltd. as a new shareholding partner, Gouda aims to accelerate its global growth trajectory.

Gouda produces both formed and unformed refractory materials at two manufacturing sites in the Netherlands and maintains service locations in the Netherlands, Belgium, Germany, and Sweden for regional installation and maintenance. Its production division offers (high) alumina (white) refractory solutions for non-ferrous industries (aluminum, zinc, and copper), petrochemical sectors, energy, and steel industries, while the service division focuses on solutions primarily for the petrochemical and energy sectors, as well as secondary aluminum applications.

Industry Overview in the Netherlands

The refractory industry in the Netherlands is characterized by a high demand for durable materials essential for various industrial applications, particularly in the petrochemical and energy sectors. The country's strategic location in Europe