Active Capital Company, an independent hands-on investment company, has acquired a majority stake in RopeQuip. This investment supports the aggressive growth plans of RopeQuip, a leading European wholesaler of steel wire rope for industrial, marine, offshore, automotive, agricultural, and civil applications. It delivers from stock a broad range of steel wire ropes in Europe through its sales offices and own warehouses in The Netherlands, Scotland, England and through its Eastern-European sales agents. Over the last 20 years RopeQuip has build up a unique reputation as the independent value-add partner. This transaction fits Active Capital Company’s profile to invest in companies with a strong core in growing markets.
Hans Hubregtse, General Manager of RopeQuip, stated: “RopeQuip is delighted to partner with Active Capital Company, which has relevant experience in technical wholesale and in our customer’s end-markets. I am confident their expertise will bring greater opportunities, both operational as well as strategic, as we continue to grow. We look forward to working together to continue RopeQuip’s successful business strategy.”
René van der Velden & Dick Zeldenthuis, Managing Directors of Active Capital Company, stated: “With an entrepreneurial, passionate, results-oriented management team and leading market position in the European steel wire rope wholesale business, RopeQuip is an attractive investment for us. Customers and suppliers confirm the strong technical know-how and problem-solving capability of the team. We aim to strengthen the leading position of RopeQuip through geographic and product- and service expansion. Together with management, we will continue to develop the business and pursue growth opportunities.”