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VADO expands Anvil Industries with acquisition of BKL
Eindhoven, 3 July 2019 – Investment company VADO Beheer from Eindhoven has acquired BKL, a company based in Nuenen. BKL is a technical services provider that specialises in the engineering and production of hoisting and lifting tools, primarily for high-tech companies in the optical and semi-conductor industries. Jos van Bakel founded BKL in 1983; his sons and nephew – who are still active in the company to some extent – decided to sell BKL to VADO. BKL will continue in its present form and the current board of directors – consisting of John de Smit and Coen Aarts – will continue to manage the company too.
VADO is a long-term investor and focuses on promising companies in the manufacturing industry. VADO-affiliated companies include the ANVIL Industries companies, which specialise in the production of high-quality mechanical components and assemblies. Given the good compatibility of the activities undertaken by BKL and ANVIL, BKL will be become part of ANVIL Industries.
Jan Adams, CEO of ANVIL Industries, sees important advantages in the combination of ANVIL and BKL. “Both companies have been familiar with each other for many years, as we work in the same branches of industry and have similar customers. The combination of BKL’s engineering and project-management capacity with ANVIL’s production capabilities enables us to provide customers with an even better service and creates ample opportunities for the further growth of both companies”.
John de Smit, Managing Director of BKL, is enthusiastic about this development too. “Our companies are highly compatible. We are both family businesses, we have similar cultures and we share the same values. We both want to provide our customers with an excellent service and high-quality product and we both invest continually in the expertise of our people. Our premises in Nuenen were extended recently. Our collaboration with ANVIL gives us every opportunity to achieve the further healthy growth of the company”.
For more information, please contact:
VADO Beheer BV
Eric Liebers, Senior Investment Manager
T: + 31 40 211 61 16