In addition to VEP, the current board and part of the management will participate in the new Satelliet Group. To secure the long-term vision and shape further growth, a new board has been formed from the existing Satelliet organisation, consisting of: Christan Brouwers, Robin Willemse, Tjeerd Dudok, Bart Oelen and Roy Keultjes.
Through this cooperation, Satelliet strengthens itself with the strategic knowledge and (international) business network of its committed and equally ambitious partner. In the coming years, the parties will work together to realise growth ambitions, which will include international expansion.
Quote:
Christan Brouwers (Director Major Shareholder Satelliet)
"I am convinced that together with VEP, we will take the next step in Satelliet’s growth ambitions. Important in choosing VEP is the shared vision that the existing warm and informal atmosphere is of great value for success. Satelliet is a company where people work with passion and where you enjoy being part of. The choice is strengthened by the existing knowledge, working methods and drive to further grow Satelliet in Northwest Europe."
Quote:
Sergio Campisi (Partner VEP)
"We think Satelliet is a wonderful company because of its strong market position in the Netherlands, focus on innovation, design and sustainability. This combined with the ambitious management team makes us immensely proud to invest in this fine company. We look forward to further building on Satelliet's strong position together with management and accelerate growth in Northwest Europe. In doing so, we will adopt an active buy and build strategy. We also want to strengthen our position in current markets."
Profile:
Satelliet Meubelen
Satelliet has been active in the hospitality market since 1971 and started small-scale designing and handcrafting furniture for the hospitality industry. Through years of experience and the trust of many customers, Satelliet has grown into an authority on hospitality furniture in several markets, such as: hospitality, retail, leisure, office, care, education and maritime. In cooperation with partners and clients, Satelliet contributes to the creation of memorable places where hospitality is the connecting factor. Places where people come to feel more comfortable, increase their performance and enjoy themselves together. Satelliet is initiator and owner of the partner platform Inspirium and owner of the Satelliet Originals brand.
Profile:
VE Partners (VEP)
VEP was founded in 1999 and is based in Amsterdam. Since its inception, entrepreneurship has been at the heart of VEP. VEP likes to work closely with with directors, major shareholders and management teams to create value and invests mainly in medium-sized, trading companies and industrial or (technical) service companies, in the Benelux. In doing so, VEP typically supports the management team during a transition phase to, for example, improve results, split off from a corporate, professionalise, reduce dependence on a founder, or grow, both organically and through acquisitions. By the end of 2022, VEP successfully raised its fourth fund.
