BBOF VI Holding C.V. (“Bencis”), together with CEO Frits Doddema and Monti’s management team, has signed an agreement to acquire Monti TopCo BV and its subsidiaries, including Monti-Werkzeuge GmbH (together “Monti” or the “Company”), from Norvestor VII L.P. and Norvestor VII OS L.P. (“Norvestor”).
Monti is a leading surface preparation technology provider with a consumables-driven business model. The company is globally recognized for its patented rotary bristle blasting solutions, which deliver surface cleanliness and roughness equivalent to blasting, while offering customers a portable, safer, and more environmentally friendly alternative.
With its strong technology and differentiated portfolio, Monti has built a global presence serving industries such as energy, marine, infrastructure and defense. The company has expanded its international footprint, strengthened its global organization and enhanced its product offering, while also investing in automating its production facility. Its solutions are valued for extending asset lifetime while reducing operational complexity and environmental impact.
Together with management, Bencis will further accelerate Monti’s international growth and reinforce its position as a global leader in surface preparation and anti-corrosion, focusing on internationalization, product innovation, as well as selective acquisitions.
About Monti
Monti is a globally renowned producer of innovative rotary bristle blasting technology used for efficient surface cleaning and coating removal to help maximize the long-term protection of customers’ assets. The company has a presence in Germany, Netherlands, Slovakia, Poland, the US, Australia, Singapore and Brazil.
Read more at www.montipower.com
About Bencis
Bencis is an independent investment company with offices in the Netherlands, Germany, and Belgium that supports business owners and management teams in achieving their growth ambitions. Managing six funds totalling €2.2 billion, Bencis has invested in over 80 companies and completed more than 330 follow-on acquisitions since 1999.
For more information, visit: www.bencis.com