Mazars Berenschot advises deal in printing industry

Kompro, a Dutch supplier of printing systems and document management solutions, has been acquired by rival Itec. Approximately 80 employees of Kompro make the switch to Itec. Itec wanted to add knowledge of print products and technology to its organization and expand geographically within the Netherlands. The deal was overseen by Dutch M&A consultancy firm Mazars Berenschot Corporate Finance (MBCF).

MBCF is an M&A advisory firm based in The Netherlands. The firm is a joint venture between management consultancy firm Berenschot and accounting firm Mazars.

Kompro

Kompro has been active in the printing industry for about thirty years and has a focus on small and medium-sized enterprises. The company provides printing and document solutions to Kyocera, Panasonic, lnvu and Konica Minolta. Remarkably less than a year ago Kompro was also involved in a transaction. Through a management buy-out of the MT Kompro bought the company back from the French distribution company Rexel. In 2008, Rexel acquired the Dutch trading company Hagemeyer, which at that time was the parent company of Kompro. Kompro headquarters is located in Den Bosch, it also has offices in Epe and Alphen aan den Rijn.

Itec was founded in 1987 and has approximately 300 employees in offices located in Zaltbommel (Netherlands) and the Belgian cities of Antwerp and Kortrijk.

Phased Integration

Itec integrates Kompro in stages. First Kompro employees from the building in Den Bosch switch to the Itec office in Zaltbommel. For now the sites in Epe and Alphen aan den Rijn will stay open.