- Date:
February 2025 - Client:
Element Breda Afbouw BV - Sector:
Drywall contractor, construction - Service:
Sell-side advisory
TANED acquires majority stake in Element Breda Afbouw
On February 13, 2025, TANED Group acquired a majority stake in Element Breda Afbouw. With its own team of approximately 12 employees and with more than 100 people working on a self-employed basis or as a subcontractor, Element Breda Afbouw realizes an annual turnover of approximately EUR 16 million. Element Breda Afbouw is a company specialized in interior finishing, where the supply, installation and finishing of walls and ceilings have traditionally been part of the core tasks.
Orange Corporate Finance has acted as exclusive sell-side advisor.
Element Breda Afbouw BV
Element Breda Afbouw is a company specialized in interior finishing, where the delivery, assembly and finishing of walls and ceilings have traditionally been part of the core tasks. The principle is simple; the customer indicates what the wishes are, Element Breda Afbouw provides a timely, high-quality execution! Making promises is easy, keeping promises is what Element Breda Afbouw stands for. Its motto since the start of the company in May 2002 has been an agreement = an agreement! Through fast, honest and clear communication in which reliability is of paramount importance, Element Breda Afbouw is the ideal partner to bring construction projects to a successful conclusion.
TANED
TANED Group is a partnership of leading players in the finishing and finishing of existing and new real estate. The companies within TANED Group operate independently and strengthen each other where possible. TANED Groep was founded when Rikkert Afbouwgroep and Wessels Groep joined forces in 2020. The majority of the shares in TANED Groep are held by Dei Capital. The other shareholders, Robert Rikkert and Auke Borckink, see the collaboration with the existing companies as a major added value for the future. The directors and/or management of the companies of TANED Groep also participate in the companies.
Dei Capital is a hands-on family investment company that invests in family businesses that have grown with the utmost care and attention. It opts for sustainable investments without the intention to sell the companies on, or buy-and-hold. Dei Capital strives for a majority interest and prefers to invest together with the current management. Dei Capital’s primary focus is on family businesses with an EBITDA of EUR 1 million or more. For add-on acquisitions, it is assessed on a case-by-case basis to what extent this participation option is appropriate for the relevant portfolio company.
