Govers Sierhekwerk

Strategic Collaboration Unlocks Growth Opportunities

The acquisition offers significant synergy benefits for both Heras and Govers. Govers will continue to operate as a specialist in tailor-made solutions for the residential and industrial sectors, while gaining access to Heras’ broad product portfolio and nationwide coverage. At the same time, Heras benefits from Govers’ specialized knowledge. Together, they can provide customers with even more comprehensive and integrated solutions and pursue further joint growth. This transaction highlights the power of strategic partnerships and presents both companies with new growth opportunities in the global perimeter security market.

Complex Process with an International Dimension

The sale process began in 2023 and was marked by the involvement of various (international) stakeholders, each with their own strategic agendas. Notably, during the sale of Govers Sierhekwerk to Heras, Heras itself also underwent a change of ownership. The German private equity firm Equistone Partners Europe sold Heras to the Northern European Garda Group, which is owned by private equity firm EMK Capital. Additionally, a carve-out transaction of one of Govers’ entities took place during the process, in which that entity was transferred to its external co-shareholder.

Cognos Netherlands as Advisor Throughout the Process

The Cognos team played a vital and leading role in all phases of the sale process—from drafting the sales documentation and identifying and approaching potential buyers to coordinating due diligence and handling all financial and legal negotiations. The Match Plan deal team consisted of Erik Smidt and Lucas Troelstra.

During the process, Cognos collaborated closely and effectively with Teun Trienekens of Trienekens Boleij and Jos Dexters and Malou van Vroonhoven of Aben & Slag Advocaten.

We look forward to welcoming Govers into the Heras family. Their craftsmanship and expertise in bespoke solutions strengthen our offering. Together, we can serve our customers even better with innovative and high-quality security solutions. Emmanuel Rigaux, CEO of Heras

We are proud to be joining Heras. This partnership gives us the opportunity to further expand our expertise in custom solutions and grow our product portfolio. Jean Paul Govers, Director at Govers:

After speaking with several parties, we chose Cognos purely based on gut feeling—and that feeling turned out to be right. They were always there for us, even during evenings and weekends, and played a crucial role in the success of this transaction. Always professional, yet with a relaxed atmosphere. Jean Paul Govers, Director at Govers:

Erik Smidt

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