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Wilvo Group attracts investor Rivean Capital to support next phase of growth


15 November 2023

Bergeijk/Amsterdam – Rivean Capital (“Rivean”) is pleased to announce that it has signed an agreement to acquire Wilvo Group (“Wilvo”), a leading provider of engineered metal components and systems for high-tech applications focusing on high-mix, low volume series. Together with Wilvo’s existing management team, Rivean will acquire the shares from existing shareholders including Borromin Capital.

Wilvo serves a variety of OEM customers and tiered suppliers in attractive and growing industries such as semiconductor, industrial automation, medtech, textile and agriculture. Since 2020, Wilvo completed five acquisitions, now housing a broad set of advanced production technologies and machining capabilities, including laser cutting/punching, CNC milling/turning, robot welding/bending, as well as value-added services including (cleanroom) assembly, maintenance and refurbishment and supplier-managed inventory. Wilvo is well known for its manufacturing excellence based upon the combination of its highly automated machine park and strong engineering capabilities, allowing it to solve the most complex customer problems. It is committed to sustainability and dedicates resources to enhance energy efficiency, reduce waste and foster innovation. Wilvo employs c. 550 FTEs across its headquarters in Bergeijk and ten production sites in the Netherlands.

Ready for the next phase of growth

Management’s commitment to be the partner-of-choice for fast-growing OEMs will require continuous investments in the organization as well as a further expansion of production technologies and capabilities. With Rivean’s support, Wilvo will continue its (international) growth trajectory and can accelerate executing on its strategic agenda.

Rob Lemmens, CEO of Wilvo, said: “Over the last couple of years, Wilvo realized rapid growth following strong mutual commitment to and from our customers, for whom we solve complex engineering challenges and to whom we are a reliable production partner. To continue serving existing and new clients at our ever-increasing standards, we will continue to invest in best-in-class engineering and production capabilities. We are confident that, with the support of Rivean, the Wilvo journey will remain very exciting with the best still to come.”

Tom Muizers, Senior Partner at Rivean Capital, commented: “We are impressed by Wilvo’s track-record of managing exceptional growth and continuous technological capability- and share of wallet expansion at leading OEMs, with whom Wilvo has long-standing and strong relationships. We are very excited to join forces with Rob and the team to support them in this next phase of the company’s development.”

Completion of the transaction is subject to obtaining merger clearance.

About Rivean Capital
Rivean is a leading European private equity investor in mid-market transactions with operations in the Benelux, DACH, and Italy. Rivean manages funds in excess of €5bn and has offices in Amsterdam, Brussels, Frankfurt, Milan, and Zurich. Since its inception in 1982, Rivean has supported more than 250 companies in realizing their growth ambitions and has a strong track record of supporting and scaling successful high-tech manufacturing businesses with (cross-border) growth agendas, including footprint expansions as well as operational excellence trajectories. For more information, visit