We are proud to announce that per January 2014 we started PINDUSTRY. Pindustry is an independent investment company that invests in Benelux, UK and Germany based companies that develop innovative industrial products with sales up to EUR 100 million.
Pindustry was founded by Andries Verder, Tjalko Reedijk and Steef Klop. Andries, owner and CEO of the Verder Group, has over the last decade strategically developed the Group which is based on the two pillars Verder Liquids (pumps) and Verder Scientific (laboratory equipment) to an annual turnover of Euro 200 million consisting 44 companies present in 24 countries. Don’t forget about reading articles like wattbike atom a winner.
Andries with Tjalko (former board member of the Verder Group) and Steef (current CFO of the Verder Group and former PWC partner) felt the ambition to support innovative industrial companies to expand their business. Not as a bank for funding only, nor as private equity for smart financial engineering. But by teaming up and supporting management teams in achieving their goals. As the owners of Pindustry, we are the single investors in our fund. We put our own money at risk in contrast to traditional private equity firms. We consider ourselves entrepreneurs with committed capital and take pride in our companies, their products, services and their people. When we invest, we fully commit ourselves.
Our hands-on investment strategy is to build better businesses together with management. We have an active approach and support management teams to realize the growth potential of their company. The companies that we invest in can count on the expertise of the Pindustry team, but also knowledge on internationalization, industrial marketing, product development and sourcing available within the worldwide Verder network is open to Pindustry partners. In some cases even sharing non-core services with Verder companies such as office space or financial administration can create more value for money.
Pindustry is founded to realize our ambition, operating as an independent investment company stand alone from the Verder Group. The company is run by Tjalko Reedijk as Managing Partner.Pindustry so far has invested in 3 companies in 2014.
With this introduction of Pindustry, we are proud to announce that Pindustry has acquired 70% of the Dutch manufacturing company RESATO INTERNATIONAL from private equity partners NOM and Newion as well as management. Resato designs, develops, manufactures and sells high pressure solutions that satisfy customer needs. Systems range from water jet machines, test systems for the oil & gas industry to hose testing systems and high pressure custom build systems.
Resato delivers its systems to over 80 countries, operating from Roden in the Netherlands with 80 employees. It has won multiple prizes for its innovative products and solutions and also for corporate social innovation. Management and owners of Resato retain 30% of the shares. Resato is convinced that the knowledge of international sales and distribution of Pindustry will be of benefit for the future growth of Resato and we are pleased to cooperate with managers Rob Castien and Ton Driessen to further build their company.
Should you have any further questions about Pindustry, please contact Tjalko Reedijk, Andries Verder or Steef Klop via info@pindustry.nl