Market leader in safety systems PAT-Krüger gets new owner
The shares of P & W Holding BV (trade name: PAT-Krüger) have been sold to entrepreneur C. Kleijwegt. The management, consisting of Mr. Verboom and Mr. Van Erp, was retained for the entire duration of the sales process Supported by Match Plan. The transaction marks the beginning of a new phase for this international player in industrial safety.
Safety systems for heavy equipment
For over 35 years, PAT-Krüger has been developing and supplying high-quality systems for monitoring and protecting heavy-duty equipment. Their offerings range from crane protection and camera systems to ballast systems and load cells, with or without integrated data recording. The solutions are deployed worldwide in demanding environments, such as offshore installations and industrial sites with high vibration or extreme temperatures.
From offices in the Netherlands, Dubai, the United Kingdom and Germany, and through an international dealer network, PAT-Krüger serves customers at home and abroad.
Guidance through Match Plan
Match Plan supported the management of PAT-Krüger at every step of the sales process. After drawing up a indicative valuation the market was carefully mapped out. Interested parties received a information memorandum, after which in-depth discussions followed.
After a selection from several (indicative) bids Match Plan guided the negotiations, the letter of intent, It due diligence investigation and the contractual finalization. The deal was successfully completed under the leadership of Hans van de Pas.
Deal team:
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