On August 6th Anders Invest acquired Van Dam Machines. Van Dam, founded in 1962 and based in Amsterdam is one of the largest players in the world in the production and sale of printing machines for plastic and paper cups and trays, especially for the food industry. The company has a turnover of € 15-20 million and employs more than 60 people. It is the 16th investment for Anders Invest.
Van Dam is a world market leader in engineering, production and service of printing machines for plastic and paper packaging. The company has a worldwide customer base, consisting of printers and producers of packaging materials for the food industry. In its nearly 60 years of existence, the company has built up a large installed base of several thousand machines that can last up to 20 years, which is exceptional in this industry. Partly because of this, Van Dam has an extremely strong name in the market.
Van Dam, in close collaboration with an ink supplier and the largest customer, has developed a so-called In-Direct Flexo (IDF) technology with which the machines with the 4 CMYK colors can print all the required colors with a higher resolution than the conventional dry-offset technology and nevertheless at the same speed. Changeover times and batch sizes can therefore be reduced significantly. When printing paper packaging materials, IDF is the only technology capable of providing high-quality printing on this type packaging in an economical way. We expect that the paper packaging market will grow because of its sustainable image.
Van Dam assembles the machines in its factory in Amsterdam and sells them from the Netherlands and its American sales location in Fairfield to a worldwide clientele. The shares were acquired from director René Jepma, owner of Van Dam since 2009. The company is characterized by impressive technical expertise and a loyal and innovative team. Anders Invest is looking forward to be able to contribute to this great company. Van Dam is a good addition to our portfolio, which already has more machine manufacturing companies. Due to its exposure to the food industry it is in a robust business segment.