(AOF) – Delta Plus Personal Protective Equipment (PPE) expert has acquired 51% of Dutch-based shares of Dutch based Vertical Netherlandsland BV, in order to accelerate its growth in this business segment. Northern European markets Financial details of the transaction have not been disclosed. Created 10 years ago in the Rotterdam region, Vertical Nadlandland B.V. A special distributor of Vertical Offer in the Netherlands and a more elaborate distributor in the Benelux countries.
The company has started expanding in other North European countries, especially in Scandinavia in recent years.
Vertical Nadlandland BVA received a turnover of 3.1 million euros in the last fiscal ended December 31, 2017, which was 12% last year.
It aims to maintain revenue growth for about 10% of the 2018 financial year. Its operating profiles are close to 10% of sales.
This partnership agreement will strengthen closer cooperation between the two founders of Delta Plus Group and Verty Netherland Biwi, which will be 49% of the company's shareholders and the managers of this subsidiary.
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All actors activity in the capital goods sector is based on investment. But with the 2008 crisis, this indicator has broken down, which explains the difficulties in this field. Today it is better because economic development is back everywhere. In China, the economy is related to recession and restraint.
The professionals of the French mechanical industry are optimistic for 2017 and expect that this year should be between 2016 growth (at least + 1.7% and + 2% expected), due to the method of ovamortization and investment prospects in the manufacturing industry. FIM believes that manufacturing investments should increase 5% in the mechanics in 2017.