Utrecht – Gilde Buy Out Partners announces its acquisition of 1.456.859 ordinary shares (circa 19% of the total number of shares outstanding) in Gamma Holding N.V. (“Gamma”) per 17 June 2010. Gilde Buy Out Partners has agreed to buy this stake from ASR Nederland N.V., Delta Lloyd Asset Management N.V. and Allianz Nederland Levensverzekering N.V. for a price of EUR 18.65 per share.
Gilde has been following Gamma for a long time and appreciates the way in which the company has established leading positions in a number of attractive niche markets. With a reinforced management team and a revised strategy, the company has set course towards sustainable recovery. As a significant shareholder in Gamma, Gilde is keen to support the company in this process.
The acquisition of a sizeable stake in Gamma is in line with the investment strategy of Gilde Buy Out Partners, which is focused on long term investments.
About Gilde Buy Out Partners
Gilde Buy Out Partners is the largest independent private equity investor in the Netherlands. Since its establishment in 1982, Gilde has invested in more than 250 companies. With offices in The Netherlands, Belgium, Germany, Switzerland and France, Gilde Buy Out Partners manages investment funds in excess of EUR 2 billion in aggregate and focuses on investments throughout continental Europe. Funds managed by Gilde Buy Out Partners are made up by international investor base, primarily consisting of pension funds, banks, insurance companies and sovereign wealth funds.