Anders Invest

Villa Anderstein, Andersteinweg 2, 

3953 BA Maarsbergen, the Netherlands, 

+31 (0)85 4019312, info@andersinvest.nl

Follow us on:

  • LinkedIn Social Icon
  • Twitter Social Icon

© Copyright 2019 & Privacy statement

PORTFOLIO

Lagersmit

Anders Invest has acquired the 160-years old Lagersmit Sealing Solutions from Alblasserdam. The company produces and sells a wide program of high quality shaft-seals for ship propulsion-systems, pumps and tidal turbines. Lagersmit has 60 employees and realizes a healthy and profitable turnover.  The acquisition was done together with the renowed Dutch Family Office De Hoge Dennen Capital and 11 co-investors. 

Lagersmit produces and sells a wide program of high quality shaft-seals for ship propulsion-systems, pumps and tidal turbines. The shaft-seal is a crucial separation system that keeps water out and the oil for the lubrication of the shaft in. The seals are also used for dredging pumps, (cooling) water pumps, tidal power plants, pumping stations and industrial applications. Lagersmit was founded in 1856 and belonged to Royal IHC for a long period. For decades the world market has been dominated by 4 players, of which the only independent player Lagersmit has most focus and a fully automated production. A large part of the turnover is generated from existing clients and service, which reduced the impact of the crisis in the maritime market on the company.

The new shareholders have entered the company with a long term vision, focusing on stability and the continuation of growth ambitions, for instance in China and the industry market. The transaction was led by Anders Invest. It is the sixth investment in the 2-year existence of Anders Invest. The transaction is financed by Rabobank. The 11 co-investors are all investors in the fund. Anders Invest expects to offer the fund investors further attractive co-investment opportunities in the coming years.

 

Investment manager: Gerald van Kooten

Interested in working at Lagersmit? Look at Lagersmit's vacancy page.