20 / 05 / 2022
Egeria sells Nooteboom Textiles to Bencis Capital Partners
Amsterdam, 20 May 2022 – Egeria and Bencis Capital Partners (“Bencis”) have completed the sale of Nooteboom Textiles, the leading European wholesaler in finished textile fabrics.
Over the last four years, Nooteboom transitioned from an owner-led company to a company with an independent management team. We are proud to have supported the company in developing an e -commerce platform, improving its operational efficiency, enhancing its commercial approach and creating a solid ESG product portfolio. Nooteboom further strengthened its leading position as a wholesaler in finished textile fabrics, improving its margins and realizing growth across Europe.
Backed by its strong track record, we believe that the company is ready to continue to realize further growth with its new shareholder. We wish the company and her employees all the best for this next phase.
About Nooteboom Textiles
Founded in 1852, Nooteboom is the leading European textile wholesaler specialised in women and children fabrics for home sewing and small tailors as well as home-decoration. Headquartered in Tilburg, the Netherlands, Nooteboom operates its warehousing activities with approx. 100 employees reaching over 5,000 B2B customers in over 50 countries.
Established in 1997, Egeria is an independent Dutch investment company focused on mid-sized companies in the Netherlands and DACH region. Egeria invests in healthy businesses with an enterprise value of between EUR 50 million and EUR 350 million, and believes in building businesses jointly with entrepreneurial management teams (Boldly Building Together). Egeria Private Equity Funds has interests in 12 companies in the Netherlands and Germany, while Egeria Evergreen has investments in 7 companies. Egeria’s portfolio companies generate combined revenues of more than EUR 2 billion and employ circa 12,000 people.
Bencis is an independent investment company that supports business owners and management teams in achieving their growth ambitions. Working out of offices in Amsterdam and Brussels, and more recently in Düsseldorf, Bencis has been investing in strong and successful businesses in the Netherlands, Belgium and Germany since 1999.