04-07-2024

Majority stake in VDB Funderingstechnieken

Vroom Holding has acquired a majority stake in VDB Funderingstechnieken. With the acquisition of VDB Funderingstechnieken, Vroom Funderingstechnieken marks its second takeover this year, further expanding its service offering.

Vroom Funderingstechnieken, one of the largest foundation companies in the Netherlands, has acquired a majority stake in VDB Funderingstechnieken. With this strategic acquisition, Vroom further expands its services in foundation construction, taking another step in its commitment to relieve its customers as an all-rounder in pile systems and (prefabricated) foundation constructions. Vroom thus offers a complete range of load-bearing solutions.

Vroom Holding Board of Directors

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Majority stake in VDB Funderingstechnieken
Majority stake in VDB Funderingstechnieken
Majority stake in VDB Funderingstechnieken

VDB has recently moved from Nieuwegein to De Meern and specializes in all types of foundation techniques, such as tube piles, screw injection piles, casing bored piles, high-frequency piling, pre-drilling, crushing, traditional concrete work, and jacking techniques.

Marc van den Berg, Director of VDB, says the following about the transaction: “For me, it was important that VDB would retain its own identity after an acquisition by the Vroom group. The ambitions for further development of VDB seamlessly align with the ambitions of Vroom. Therefore, I look forward to the future and close collaboration with the people at Vroom with great confidence.”

The dynamic VDB operates with 13 employees and 5 machines in the areas of infrastructure, civil engineering, petrochemicals, industry, renovation, foundation repair, new construction, and extensions. The parties have been collaborating to mutual satisfaction on various foundation projects since 2021 and are now taking the next step. VDB’s growth ambitions align well with Vroom’s further expansion.

In addition to the commercial strengthening for both parties, the acquisition offers several operational advantages, such as economies of scale in purchasing, centralization of automation, accounting, and marketing.

Peter Vroom, CEO of Vroom, says the following about the transaction: “People and cultures are central to our work. We have been working successfully and pleasantly with VDB for several years now, creating a strong bond. Our ‘no-nonsense’ mentality fits well together, leading to a collaboration like this.”

From Vroom, Peter Vroom and Niels Bakker will shape the further integration with Marc van den Berg from VDB.

This acquisition marks an important second step in Vroom’s buy-and-build strategy, which has been pursued in close collaboration with Craft Capital since their investment in 2021. The acquisition of VDB follows shortly after Vroom’s acquisition of Beton- en Vlechtbedrijf Hadek in April. Together with Craft Capital, Vroom continues to look for further growth opportunities.

Debt financing for both acquisitions was provided to Vroom by Rabobank. Legally, Vroom was supported in both transactions by the lawyers of DeBreij.

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