Losberger De Boer has reached an agreement with its Banking Consortium on the reinforcement of its financial structure. The refinancing agreement as now executed entails new facilities being made available to the Group for cash and guarantees whilst in parallel, a relief in the current bank debt will be granted.
Arnout de Hair, CEO Losberger De Boer, is pleased with the agreement. “Together with our banks we have created a solid financial structure, reduced our financing costs and have been provided with sufficient headroom to execute our company-wide improvement and integration programme. This agreement reflects the support and belief of the banks in our strategy. Losberger De Boer has now a solid base to continue implementing its strategic programme and to capitalize on its opportunities for further growth.”
With Ramadan just around the corner, now is the time to book a Ramadan tent for your business or venue.
If you are looking for a tent that will impress your guests, Losberger De Boer has a range of premium Ramadan tents suitable for every occasion. Available throughout the GCC, including the UAE, Saudi Arabia, Kuwait, Bahrain and Oman, these exclusive tents come in a variety of shapes and sizes. Options include circular event structures as well as two-storey tents featuring open mezzanine floors. Let Losberger De Boer help you stand out from the crowd. Book your Ramadan tent today to avoid disappointment.
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To arrange a FREE initial design consultation with our experienced Ramadan tent team, please Contact Us
Losberger De Boer Middle East – Committed To Your Success
One hundred years ago, Friedrich Losberger and Klaas de Boer laid the foundation for the company that would become one of the world’s leading suppliers of temporary and semi-permanent space solutions: Losberger De Boer. In 2019, the company celebrates its hundredth birthday.
Both entrepeneurs could never suspect that the tents they built by hand in Heilbronn (Germany) and Hensbroek (the Netherlands), roughly 600 kilometers, would mark the start of a company that would not only supply large space solutions for the Olympic Games and the Football World Cup, but also provides modular space solutions for commercial space applications
The early years
It is in Heilbronn, near Stuttgart, that the story of Losberger De Boer begins. In January 1919, Friedrich Losberger registered his company Friedrich Losberger Sackhandlung with the Chamber of Commerce. He built his first tent for a travelling circus. Around that same time, Klaas de Boer built his first tent for a town festival in Hensbroek, near Alkmaar. Both men quickly recognized the advantages of tents for a wide variety of purposes and, over time, both companies concentrated more and more on temporary structures.
The times, however, where turbulent. Friedrich Losberger’s factory was destroyed during the war. He rebuilt it on a new location and from then on, everything revolved around producing temporary structures and a decent growth of the company. Klaas De Boer also started a strong growth phase in the post-war period. He concentrated on the nationwide rental of tents as temporary solutions for a wide variety of purposes.
Modern space solutions
Both companies saw much innovation from the 50’ies on, and in the 80’s the first structures emerged that started to resemble the semi-permanent space solutions Losberger De Boer produces today. A trend towards aesthetic forms and comfortable interior environments set in. A variety of shapes and construction designs emerged and the description "tent" was no longer accurate.
The merger: Losberger De Boer
Losberger and De Boer had worked together quite a few times already, when in 2017 both companies decided to join forces and combine their extensive knowledge, experience, capacity and market share to move forward together, as Losberger De Boer. From that moment on everything, from product development and production to sales and rental, comes from one single source.
Both companies held prominent positions in the industry before the merger. Thanks to its increased scale and successful chain integration, the company is convinced it can strengthen and improve that position. To achieve this, Losberger De Boer’s is extremely focused on creating the best possible temporary space solutions and the best possible customer experience.
We are proud to be nominated for Sustainable Business Innovation of the Year accolade at 2019 NBC - Netherlands Business Council Awards to be held later this year in the UAE.
The awards programme recognises and celebrates outstanding achievements of businesses, big and small, operating in the UAE.
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