Blycolin acquires Womitex

Zaltbommel, 11 July 2013 – Blycolin Group, the organization that has been active for over forty years as an international specialist and partner in linen services, has taken over Womitex. The acquisition, which takes place retrospectively with effect from 1 January 2013, includes the Womitex holding company and all subsidiaries in the Netherlands, Germany and Belgium.

"We are obviously very proud of the acquisition,” says Marc van Boekholt, CEO of Blycolin. "Over the past thirty years Womitex, like Blycolin, has built a solid position in the Netherlands and Germany.” The acquisition has enabled Blycolin to take a vital step in strengthening its North European market position. Blycolin has also been active in Belgium, Luxemburg and Poland for many years.

As part of the acquisition, Womitex will take leave of private equity stakeholders Berk Partners and Rabo Participations.

“Service, reliability, quality and personal attention are the key ingredients of our service provision,” explains Van Boekholt.

Stakeholders and directors view the takeover as a logical step in a sector that is marked by consolidation.

Blycolin has been assisted in the acquisition by financial advisor NIBC Bank and legal advisor Heussen. Womitex was aided by financial advisor Vondel Finance.

- End of press release –

About Blycolin
Blycolin has been a leading international specialist and partner in linen services for over forty years and has 150 employees, a head office in the Netherlands, local service organizations in Germany, Belgium and Poland, and two in-company laundry companies. The organization provides total solutions for hotels, restaurants, vacation and leisure parks, care hotels and wellness centers.
For further information: www.blycolin.com

About Womitex
Womitex, founded in 1982 and based in Almere, is active in the sale and hire of linen to the hospitality and catering industries in the Netherlands, Belgium and Germany. Womitex employs approximately 50 people.
For further information: www.womitex.nl

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Note for the editors:
Should you have any questions please contact Mr M.J.H.M. van Boekholt, CEO of Blycolin
Tel: 0418-541800
Email: welkom@blycolin.com
www.blycolin.com

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