Bad Rappenau (Germany), Alkmaar (the Netherlands), May 22, 2017 - The shareholders of Losberger Holding GmbH (“Losberger”) and De Boer Structures Holding BV (“De Boer”) have reached an agreement with respect to the acquisition of De Boer by Losberger. This agreement has the full support of the management of both companies, and is subject to customary regulatory approvals for a transaction of this kind. The transaction is expected to close during the second quarter of 2017.
The combination of Losberger and De Boer, which will have a joint turnover of approximately € 330 million and employing c. 1,200 employees, will result in a leading company in the rental and sale of temporary accommodations in the Industrial, Event, and Rapid Deployment Systems (RDS) market segments in Europe, with strong positions in the Middle East, USA, China and South-America.
Berndt Zoepffel, CEO Losberger, says: ‘We see De Boer as one of the leading companies in the Event industry with a high quality product portfolio, strong project management capabilities and an attractive long-term growth potential. Both companies have successfully worked together in the past on joint projects and we have experienced their leadership and corporate values to be very similar to Losberger. Combining our companies will make this combination a very professional partner for our customers.’
‘De Boer has a strong ambition to grow and expand its current businesses and to enter new regions’, says Arnout de Hair, CEO of De Boer. ‘In recent years we have strengthened our partnerships with key clients, developed new innovative structures and have shown our capabilities to manage complex projects and logistics. Losberger is the perfect partner for us to realise our ambitions and to enter into new global perspectives together. I am convinced that this transaction is in the best interest of our customers, our employees and our shareholders. As we are welcoming our new shareholder aboard, we close an exciting episode in our history so far in which our current shareholder NPM Capital supported us in a very constructive and entrepreneurial way. We thank them for that.’
The offerings of Losberger and De Boer are highly complementary: from a customer, geographical as well as products and services perspective.
The parties have agreed that no financial details about the transaction will be disclosed.
Losberger, founded in 1919, is one of the globally leading providers of highly integrated temporary and semi-permanent space solutions including aluminium and steel halls, room modules and rapid deployment systems as well as turnkey solutions. Losberger has a broadly diversified customer base including corporate customers, event organizers and rental companies, municipalities, government agencies, supranational organizations and NGOs. Losberger, headquartered in Bad Rappenau, Germany, operates 8 production facilities and 14 sales offices globally. Losberger employs over 850 staff worldwide. Find out more about Losberger on our website: www.losberger.com
De Boer organizes fully decorated accommodations for large events and temporary office spaces and is one of the leaders in its sector. De Boer delivers turnkey solutions with excellent customer service and is VCA**, ISO 9001-2015 and ISO 14001-2015 certified. Founded in 1924 and headquartered in Alkmaar, De Boer has a strong international presence with offices in various countries in Europe and the Middle East. Approximately 300 people work for De Boer worldwide, with a temporary staff of 150 during the high season. Find out more on De Boer on our website: www.deboer.com.
For the 11th year, De Boer has provided its HUGE Pink Galaxy as the central structure for The MoonWalk London, an annual fundraising event for breast cancer charity, Walk the Walk.
MoonWalkers power-walked a sponsored full or half marathon wearing their trademark, highly decorated bras to raise awareness and vital funds for breast cancer research and treatment. De Boer’s bespoke ‘circus’ tent structure provided over 13,000 sqm of space on Clapham Common, where the challenge started and finished.
Nina Barough CBE, Founder and Chief Executive of Walk the Walk said:
“Every year it is just thrilling to see the sheer scale and size of this magnificent Pink Galaxy rising out of Clapham Common. Everybody loves this structure and as our theme this year was of course The Roaring Twenties, it was the perfect ‘Pink Palace’ for all our MoonWalkers wearing their glorious decorated bras, to gather and unite against breast cancer.
“Walk the Walk have worked with De Boer for so many years and have a wonderful working relationship. Their professionalism is exceptional and a great support in organising an event of this scale."
De Boer also supplied ancillary structures - Alu Halls were used for the kitchen, hospital, volunteer facilities and baggage areas; Acropolis tents were provided for guests and press; Pyramid tents housed the WalkWear and guest storage; and the helpdesk area was situated in a Cocktail tent.
Peter Spruce, Managing Director at De Boer, commented:
“Celebrating The MoonWalk London’s 20th anniversary was very special, and every year we feel honoured to help deliver an event which has such a worthy cause.
“Our team worked exceptionally well, building the whole site in just six days, and dismantling it in four days.”
As part of the Goodwood 75th Members’ Meeting in West Sussex, De Boer built a giant temporary hangar for 51 aircraft usually housed in the site’s aerodrome, which needed to be partially emptied to host the weekend’s celebrations.
Jamie Southam, De Boer sales manager, commented:
“The 75th Members’ Meeting kick-starts the UK’s historic motorsport season. Held across two days, members enjoy motor racing and the main evening celebration held in the Goodwood aerodrome. This meant that four of its eight hangars needed to be vacated for the celebrations and De Boer stepped in to build over 2400 square metres of extra storage space on the airfield.”
De Boer assembled its signature Jumbo Hall, which has been used at similar events including last year’s Farnborough International Airshow, in two days. The hangar also includes a 15-metre-high roller shutter electric door to provide the planes with easy access to the hangar.
“We have over twenty years’ experience building at Goodwood and we were delighted to be working at this historic site again this year.”
The build posed some interesting project challenges, including working on an exposed airfield, and handling the vintage planes.
Natalie Cox, The Goodwood Group motorsport event planner, said:
“The sheer scale of De Boer’s Jumbo Hall is breath-taking, and it served as the perfect storage alternative for our planes. The team at De Boer provided an excellent service, and were remarkably quick to react to any issues.”
The Goodwood Members Meet forms the first of three flagship events, with the Festival of Speed and the Goodwood Revival held later in the year.
De Boer recently celebrated Red Nose Day in style, holding a range of fun internal fundraising activities, including a fashion show and bake sale.
As part of the fashion show, ‘Red Nose Fashion Disaster Runway’, staff wore their most outrageous jumpers, dresses, ties and tops. The competition was judged by Peter Spruce, De Boer Managing Director, and a prize was awarded for the worst fashion faux pas.
Olivia Beaumont, De Boer Sales Manager – Events, commented:
“The array of homemade cakes was impressive, and it was fantastic to see such team spirit and enthusiasm amongst everyone.”
De Boer has recently renewed its collaboration with RAI Amsterdam, the leading international exhibition and convention centre based in the Netherland’s capital.
RAI Amsterdam is home to several world-renowned exhibitions including Integrated Systems Europe 2017 and the International Broadcasting Convention. De Boer allows the convention centre to expand its capacity on-demand, delivering temporary pavilions as required, to attract the largest exhibitions.
Maurits van der Sluis, chief operating officer at RAI Amsterdam, commented:
“International trade shows really test the capacity of Amsterdam’s existing expo halls. De Boer offers excellent, complete and functional solutions and has been a reliable partner, which is why we have renewed our collaboration.”
Utilising De Boer’s range of temporary structure solutions, an extra 12,000 square metres can be added to RAI Amsterdam’s existing 23 hectare footprint in just a few days. De Boer has worked alongside RAI Amsterdam for over two decades and Arnout de Hair, chief executive officer at De Boer, added:
“During international top events, the RAI grabs the spotlight worldwide. We are happy to be a part of that in the upcoming years.”