Avedon capital partners acquires majority interest in VanRiet
8 May 2014

VanRiet, a manufacturer of sorting systems, has found a new financial backer. Avedon Capital Partners, previously part of NIBC Bank, has paid tens of millions of euros for a majority interest in the company based in Houten, the Netherlands. This financial injection enables VanRiet to expand its factories in the Netherlands and China and to accept bigger orders in the global market. Lexence represented Avedon.

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