- Kalmeijer is Lynx’s first acquisition in the Netherlands, and tenth in Europe
- Ewout de Koning, CEO of Kalmeijer, will remain in his current role for at least one year
- Lynx Equity is a private equity firm that focuses on acquiring small and medium-sized businesses
Lynx Equity has acquired Kalmeijer Bakkerijmachines, a Dutch manufacturer of bakery machines with customers across the Netherlands, Belgium and Germany.
No financial details of the transaction were disclosed.
Kalmeijer is based in the Hague.
Kalmeijer is Lynx’s first acquisition in the Netherlands, and its tenth in Europe.
Ewout de Koning, CEO of Kalmeijer, will remain in his current role for at least one year according to a release.
“The acquisition of Kalmeijer represents another milestone for the ever-growing Lynx family and secures a solid foothold in the Dutch market,” said Andrea Natarelli, Lynx’ senior M&A associate. “For over a century, Kalmeijer has been servicing the artisan bakery industry in the Netherlands, Belgium, and the rest of Europe, with its high-quality equipment, machinery, and services.”
Lynx Equity is a private equity firm that focuses on acquiring small and medium-sized businesses. The firm, with sales more than C$750 million, is based in Toronto. It looks to invest in companies with EBITDA between C$1 million and C$5 million.