Dutch-based VAM WaterTech acquired by managing director Hans Blaak, ORAXYS, and SWEN Capital Partners: Know more

Borssele, The Netherlands-based VAM WaterTech, a company specialised in water treatment and recycling in the agrifood sector, is being acquired by Managing Director Hans Blaak together with Luxembourg-based ORAXYS and France’s SWEN Capital Partners.

The acquisition is aimed at accelerating growth in Europe, North America, and Asia and developing new solutions to provide solutions for other varieties of vegetable crops.

VAM WaterTech: Developing water reuse technology

Founded in 1995 in Zeeland by Eduard van Antwerpen, who is no longer with the company following this transaction, VAM WaterTech designs, develops and manufactures modular equipment for water treatment and recycling.

The systems are designed to meet the specific needs of global customers, including industrial agrifood processors, packers, and retailers.

The company’s solutions are known for their efficiency, reliability, and ease of use. They enable closed-cycle processes to reduce the use of clean water by up to 95 per cent, especially for washing and rinsing vegetables.

The Dutch company works with agri-food industry players to provide food safety to consumers.

Hans Blaak, Managing Director of VAM WaterTech says, “ I am extremely grateful to the VAM WaterTech Team for their achievements over the past years. The technological levels achieved make us unique and unmatched in our promise to our customers to deliver the most reliable, effective, and cost-efficient solutions for minimising water consumption and maximizing food safety.”

“With the support of ORAXYS and SWEN, we look forward to our continued organisational, technological, and commercial development. We will further develop and strengthen our support to the international food processing and fresh packaging industry to achieve their ESG goals,” adds Blaak.

Brief ORAXYS

ORAXYS is the European Private Equity firm specialising in funding growth capital and buyouts for firms that develop and sell environmentally friendly products or services

Mimi Lamote, ORAXYS Industrial Team Partner, says, “ We thank Hans Blaak and the entire operational team of VAM WaterTech for their confidence. We were immediately convinced by VAM WaterTech’s team’s strong expertise and look forward to working together for international growth.”

“VAM WaterTech’s contribution to a more sustainable use of water resource in the agri-food industry aligns perfectly with our strategy to develop European champions with a positive environmental impact. VAM WaterTech is the 5th investment of our fund ORAXYS Environment,” adds Lamote.

Brief about SWEN Capital Partners

Paris-based SWEN Capital Partners is a sustainable investment company in private equity, infrastructure, and mezzanine debt, with more than €8.3B in assets under management and advisory, and employs more than 120 people.

Romain Pesme, from the SWEN Investment team, says, “ We are delighted to support the VAM WaterTech/Franken group in its further development and would like to thank Hans Blaak and his team for their confidence throughout the process.”

“This investment is fully in line with the strategy of our European co-investment fund, SWEN RISE, by actively supporting sustainable companies and contributing to a better future by promoting long-term ecological and social value,” adds Pesme.