Fortaleza Capital corporate finance adviser to the founders and MKB Fonds on the sale of P&D Group to H2 Equity Partners

About P&D Group: P&D Group, headquartered in Veenendaal (NL), is a group of innovative trading companies specialising in packaging materials and related machinery, converters of printed tape, cutlery bags and dealers in disposables. The well-known brands within P&D Group each have their own specific area of expertise, market approach and focus. These brands include Hodi Verpakkingsmaterialen, Hodi International, Pacoma Europe, Laro Tape and Holland Special Packaging. By bundling business activities, items, and services, the company can provide customers with a complete, high-quality packaging solution at competitive prices. 

Over the past 22 years, P&D Group has achieved significant and profitable growth through both acquisitions and organic expansion. Today, the company generates annual sales exceeding €60 million and employs 200 people.

P&D Group and H2 Equity Partners have jointly developed a growth strategy for the coming years, in which H2 will strengthen P&D Group with strategic support to help P&D Group realise its ambitious growth plans. The founders and Executive Board of P&D Group will remain involved as shareholders and continue to guide the company going forward.

Aart Diepeveen, co-founder of P&D Group commented: “We are delighted to welcome H2, an experienced partner, as the new major shareholder of P&D Group. We believe that H2 will help P&D Group to realise our growth ambitions and further strengthen the company for both our employees and stakeholders.”

About MKB Fonds: MKB Fonds, established in 2011, is a leading independent private equity firm with a long track record in successfully participating in Dutch SMEs. MKB Fonds mainly invests in healthy and mature family businesses in the wholesale and business services sectors.

About H2 Equity Partners: H2 Equity Partners (H2), founded in 1991, is one of Western Europe’s leading and most entrepreneurial ‘value-add’ investment firms, with offices in the Benelux and the United Kingdom. H2 focuses on mid-sized companies with an attractive long-term outlook and significant transformation potential through (accelerated) growth and/or operational improvements.