The remainder of the shares will stay in the hands of the founders and directors of Prolyte, which will guarantee continuity in both policy and strategic goals of the company, it said. Prolyte also insisted there will be no changes to the current management team.
Prolyte Products Group, based in Leek, the Netherlands, has earned a “strong international reputation as a truss manufacturer,” it said.
Halder, meanwhile, specialises in investing in the equity of unlisted companies (private equity). Halder’s parent company, GIMV, is a Belgian investment company, established in 1980. Since 1997 GIMV has been quoted on Euronext Brussels.
Dennis Plomp, Halder investment manager, said: “We have gained a good understanding of the fundamentals of Prolyte’s business and future goals.”
Prolyte CEO Smeding said: “I am excited about this participation. It will offer Prolyte the opportunity to continue its growth and to further invest in new technologies and manufacturing processes.”
He added: “We have strategic plans to broaden our market by further investing in regional offices. This will enable us to support our customers in the best possible way and will fortify our vanguard position within the entertainment industry.”
