Van Campen Liem advised MKB Fonds and VLH Welding Group on add-on acquisition

Van Campen Liem advised MKB Fonds and VLH Welding Group on add-on acquisition

 26 July 2022

Van Campen Liem advised MKB Fonds and its portfolio company VLH Welding Group on the acquisition of certain assets and liabilities of Westbroek Welding & Safety.

This add-on acquisition follows the acquisition of a majority stake in the capital of VLH Welding Group B.V. (and subsidiaries) from its founding shareholders, on which Van Campen Liem advised MKB Fonds.

VLH Welding Group is engaged in the wholesale trade of welding and cutting technology and active in the field of maintanance, repair and testing of workshop equipment.

Van Campen Liem’s team consisted of Martijn Stuart, Jos Kroep and Bart Wehmeijer.

Van Campen Liem congratulates Cartona with the closing of their USD 12mio Series A financing round

Van Campen Liem congratulates Cartona with the closing of their USD 12mio Series A financing round led by Silicon Badia with the participation of Finance in Motion, Global Ventures and Kepple Africa Ventures.  

Cartona, founded by Mahmoud Talaat, Rafik Zaher and Mahmoud Abdel-Fattah, is an e-commerce platform that digitizes the conventional trading industry, which includes ‘mom-and-pop shops’, FMCG makers, wholesalers and distributors. The company operates an asset-light model where it does not own a single product or vehicle and allows buyers to order inventory from a network of curated sellers via an app that provides a communication tool for promotions and a dashboard for market insights.

The VCL team acting for Cartona included Saman Sadeghi, Ruby Pickup and Pepijn van Egmond. The lead investor, Silicon Badia, was advised by Ingen Housz and Latham & Watkins.

For more information about this transaction, please visit: https://techcrunch.com/2022/07/25/egyptian-b2b-e-commerce-player-cartona-raises-12m-to-scale-and-explore-new-verticals/