{"id":94,"date":"2017-08-16T14:57:05","date_gmt":"2017-08-16T14:57:05","guid":{"rendered":"http:\/\/brandsafway.com\/media\/?p=94"},"modified":"2018-07-17T20:40:38","modified_gmt":"2018-07-17T20:40:38","slug":"brand-industrial-services-announces-agreement-to-acquire-venko-groep-bv","status":"publish","type":"post","link":"https:\/\/brandsafway.com\/media\/brand-industrial-services-announces-agreement-to-acquire-venko-groep-bv\/","title":{"rendered":"Brand Industrial Services announces agreement to acquire Venko Groep BV"},"content":{"rendered":"<p><em>Complementary core strengths provide broader range of services for customers<\/em><\/p>\n<p>KENNESAW, GA \u2013 AUGUST 16, 2017 \u2013 Brand Industrial Services, known as BrandSafway, has signed an agreement to acquire Venko Groep BV, a portfolio company of Mentha Capital. Venko will become a part of the Brand Energy &#038; Infrastructure Services (Brand) group.<\/p>\n<p>\u201cWe are very pleased to announce the agreement with Venko,\u201d said Bill Hayes, President and CEO of BrandSafway. \u201cOur combined customers in Europe will benefit from a broader range of solutions and greater depth of expertise in access, insulation and coatings. Bringing Venko\u2019s highly specialized knowledge in coatings to BrandSafway will provide the expertise we need to expand our services in the offshore market worldwide.\u201d<\/p>\n<p>Based in the Netherlands, with a focus on operations in the North Sea area, Venko is a leading offshore and onshore coatings maintenance provider in Europe. Founded in 1975, Venko has its headquarters in Hoogeveen, with branch locations in Arnhem, Den Helder and Ridderkerk in the Netherlands, and Great Yarmouth and Aberdeen in the United Kingdom. Employing up to 500 people in peak season, Venko specializes in the maintenance of coatings on steel structures \u2013 from offshore applications to civil projects and bridges.<\/p>\n<p>\u201cThis is a perfect fit for both Brand and Venko,\u201d said Mick Herke, Vice President of Brand Energy &#038; Infrastructure Services in Europe. \u201cVenko has a highly experienced team with a great depth of knowledge in industrial coatings, which will complement the expertise that Brand has in access and insulation. We have worked together as partners on industrial jobs for several years and look forward to being on the same team.\u201d<\/p>\n<p>The closing of this transaction is anticipated in the fourth quarter of 2017.<\/p>\n<p><strong>About BrandSafway<\/strong><br \/>\nWith a commitment to safety as its foremost value, BrandSafway provides the broadest range of services, products and solutions, with the greatest depth of expertise, to the industrial, commercial and infrastructure end markets. BrandSafway, a portfolio company of Clayton, Dubilier &#038; Rice, has nearly $5 billion in revenue, approximately 32,000 employees and over 350 locations in 30 countries. With its global footprint, rigorous operating processes, and extensive service offerings \u2014 scaffolding and other work access solutions, insulation, coatings, specialty services, and forming and shoring \u2014 BrandSafway supports customers\u2019 maintenance, turnaround and refurbishment needs as well as new construction, capital-driven upgrades and expansion plans. Today&#8217;s BrandSafway \u2014 large enough to leverage economies of scale to increase safety and productivity, while also nimble and responsive \u2014 delivering unmatched service with local labor and management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Complementary core strengths provide broader range of services for customers KENNESAW, GA \u2013 AUGUST 16, 2017 \u2013 Brand Industrial Services, known as BrandSafway, has signed an agreement to acquire Venko Groep BV, a portfolio company of Mentha Capital. Venko will become a part of the Brand Energy &#038; Infrastructure Services (Brand) group. \u201cWe are very [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-94","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Brand Industrial Services announces agreement to acquire Venko Groep BV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/brandsafway.com\/media\/brand-industrial-services-announces-agreement-to-acquire-venko-groep-bv\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:locale:alternate\" content=\"fr\" \/>\n<meta property=\"og:locale:alternate\" content=\"es\" \/>\n<meta property=\"og:locale:alternate\" content=\"it\" \/>\n<meta property=\"og:locale:alternate\" content=\"ro\" \/>\n<meta property=\"og:locale:alternate\" content=\"de\" \/>\n<meta property=\"og:locale:alternate\" content=\"nl\" \/>\n<meta property=\"og:locale:alternate\" content=\"pl\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Brand Industrial Services announces agreement to acquire Venko Groep BV\" \/>\n<meta property=\"og:description\" content=\"Complementary core strengths provide broader range of services for customers KENNESAW, GA \u2013 AUGUST 16, 2017 \u2013 Brand Industrial Services, known as BrandSafway, has signed an agreement to acquire Venko Groep BV, a portfolio company of Mentha Capital. 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