Swiss family-enterprise Glas Troesch acquires Scheuten International B.V. from the latter‘s current private-equity investor, Value Enhancement Partners. The take-over has been approved by the Competition Authority and follows the positive advice of the works-council. The acquisition comprises the entire Scheuten group, including all affiliated companies in the Netherlands, Germany and Belgium and all their employees.
The acquisition will neither cause any changes in staffing, nor in current activities vis-a-vis business-partners. Scheuten will continue to focus on its three coreactivities in insulating glazing, projects and industrial base-glass.
The management of both groups is looking forward to the new opportunities and synergies that would be created also for their customers.