Livingstone has advised Zanten on the merger with IP Duursma
The Livingstone Benelux team, formerly operating as Florin Finance, acted as exclusive sell-side advisor on the merger with IP Duursma
24/03/2022
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Benelux
Livingstone is pleased to announce the firm’s Benelux team has acted as M&A advisor on the merger of Zanten with IP Duursma. Transaction terms were not disclosed.
Zanten, a technical wholesaler specialised in supplying MRO related products and services to a wide variety of sectors, has merged with IP Duursma. Zanten operates multiple sales branches located in predominantly Limburg and North Brabant.
IP Duursma has a similar offering as Zanten and has 11 sales branches in the north, east, and center of the Netherlands.
Both companies have been part of the IP IndustriePartner cooperative since 2014 and have worked closely together ever since. The product range, working methods, and regional focus fit seamlessly together. Both family businesses have a long history and are very similar in terms of culture and organisation.
The transaction was signed in April 2022.
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