Majority stake in Petrol Industries sold to Vendis Capital
NautaDutilh assisted the founders and management of Petrol Industries with the auction sale of a majority stake in Petrol Industries to Vendis Capital, and their reinvestment in Petrol Industries alongside Vendis Capital. Petrol Industries is a quality fashion brand for men and children with a Pan-European footprint founded in 2005 and headquartered in Tilburg, the Netherlands. Vendis Capital is an independent private equity firm focused on building and investing in small to medium-sized branded consumer companies in Europe that are well positioned for value-creating growth or transformation.
The NautaDutilh team consisted of Joost den Engelsman, Nienke van der Meer, Fenna van Zanten (Corporate M&A); Marianne de Waard-Preller, Dido Wolvius (Corporate Notarial); Sophie van Sadelhoff (Employment) and Edward Rijnhout (Tax).
NautaDutilh worked together with the financial adviser to the founders/management of Petrol Industries, being ING Corporate Finance Mid-Market.
Please read more in the announcement by Vendis Capital.
Various media reported on the deal:
- Vendis koopt Petrol Industries (De Tijd)
- Overname Petrol Industries (Fashion United)
- Vendis Capital koopt meerderheidsbelang in Petrol Industries (Retail Detail)