Ward Van Thielen, CEO and shareholder of WVT Industries, has reached an agreement with Sofindev for an entry into the group’s capital. Ward Van Thielen remains an important shareholder and responsible for the daily management. WVT Industries is a fast-growing company specialising in the research, development, production and sales of industrial cleaning products. The company offers its customers an extensive range of more than 650 industrial cleaning agents. With the entry of Sofindev, Ward Van Thielen brings a strong financial and strategic partner on board. This will allow WVTI to continue the strong growth of its activities, both in its home market of Belgium and internationally, both organically and through acquisitions.
Nielen Schuman acted as exclusive financial advisor to the shareholder of WVT Industries.
Click here for the full press release
Over the past decade, Nielen Schuman has worked on tens of restructuring cases and successfully restructured around EUR 2 billion of debt, often for private equity held businesses. Given our independent role and expertise, we are the natural choice to intermediate between banks, shareholders and management teams. Please contact us for more information.