Utrecht – Funds advised by Gilde Buy Out Partners (“Gilde”) today announced the signing of an agreement to become a significant shareholder in the Eichholtz Group (“Eichholtz” or the “Company”), alongside the founder Theo Eichholtz and management. The terms of the agreement have not been disclosed.
Eichholtz is an iconic designer and business to business wholesaler of luxury furniture, lighting and home accessories, offering a one-stop-shop to its customers with its full product range. The Company’s in-house design team has the ability to create on trend individual luxury furniture pieces with a collection of nearly 4000 unique items in an unparalleled catalogue.
Over the last decade the Company has successfully expanded its international presence, while realizing consistent double-digit growth rates. Eichholtz is headquartered in Noordwijkerhout, The Netherlands, where it employs over 130 skilled employees, and operates a 35,000m2 warehouse and a Grand Showroom of 5,000m2. The Company services a wide range of more than 5,000 international customers in retail, interior decoration and real estate, and has furnished thousands of prestigious hotels, restaurants, clubs and stores throughout the world.
Theo Eichholtz, CEO and founder of Eichholtz says: “I am extremely proud of and grateful for the hard work of all the employees who have brought Eichholtz to where we are today. We look forward to jointly enter a new chapter in the Eichholtz success story. Gilde is a strong partner that can help us accelerate our growth strategy, and fuel our international expansion, particularly in the US and Asia.”
Nikolai Pronk, Partner at Gilde: “Eichholtz has an impressive and consistent growth track record and an exceptional ability in creating furniture design pieces continuously across various interior styles. Theo Eichholtz and management have truly created a unique company in the luxury furniture industry, and we are excited in being able to support the Company in its next phase of development and international growth.”
For further information please contact:
• Rozemarijn van der Velde, Eichholtz B.V. – rvandervelde@eichholtz.com – +31 (0)252 755 477
• Maikel Wieland, Investor Relations Gilde Buy Out Partners – wieland@gilde.com – +31 (0)88 220 2600
About Eichholtz
Eichholtz is an iconic designer and business to business wholesaler of luxury furniture, lighting and home accessories, offering a one-stop-shop to its customers with its full product range. The company is headquartered in Noordwijkerhout, The Netherlands, where it employs over 130 employees, and operates a 35,000m2 warehouse and a Grand Showroom of 5,000m2. The Company services a wide range of more than 5,000 international customers in retail, interior decoration and real estate, and has furnished thousands of prestigious hotels, restaurants, clubs and stores throughout the world.
For more information visit www.eichholtz.com
About Gilde Buy Out Partners
Gilde Buy Out Partners is a leading European private equity investor in mid-market transactions with
operations in the DACH region and the Benelux. Gilde manages funds in excess of EUR 3 billion and
has offices in Utrecht, Brussels, Frankfurt and Zurich. Since its inception in 1982, Gilde has invested in over 250 companies across a diverse range of sectors. Gilde controls majority shareholdings in, amongst others, companies like Kinkelder, Caseking, Veco, Esdec, albelli, Oystershell Laboratories, Amor, Agilitas, Comcave, Royal Ten Cate and Vivera.
For more information, please visit www.gilde.com