Scheuten Glass Holding

Scheuten Glass Holding, a company specialized in developing and producing high quality glass products as well as delivering and executing projects, has been acquired by the private equity investor Value Enhancement Partners (VEP). Conseiller B.V. acted as the legal advisor to the management of Scheuten.

The acquisition concerns the entire company including all employees and branches in the Netherlands, Belgium and Germany. Scheuten delivers a wide range of glass providing thermal insulation, sunlight control, sound insulation, safety, fire protection and design for the international building industry. With the sale, Scheuten paves the way for a solid future with an improved financial situation. The acquisition also arranges follow-up of the founder, Jacques Scheuten.

Donald Eshuis, CEO of Scheuten Glass Holding comments

“VEP is a practical private equity investor and as such a perfectly suited partner for Scheuten. We wanted to remain an independent player in the market, and that is herewith guaranteed. At the same time, the refinancing improves the company’s continuity and our opportunities for the future. We are also looking forward to working with VEP’s team to further shape our challenging ambitions.”

Chris de Weers, Senior Partner at VEP comments

“The construction industry is currently booming, and Scheuten is one of the market leaders in the field of flat glass in the Netherlands. Due to the good perspective and the professionalism of the Scheuten team, the company fits perfectly into our portfolio and we are therefore very pleased with this acquisition.”