Globitas acquires HEGO Stainless Steel & Aluminium

On 1st October 2021, the investment company Globitas successfully completed the acquisition of the company HEGO. HEGO has been active as an international wholesaler of stainless steel and aluminium for over forty years. The acquisition by Globitas gives a strong boost to HEGO's growth ambitions. With this new shareholder, the company is entering a new phase with a focus on innovation, digitization and new business models.

Since 1977, HEGO has been active as an international wholesaler and service center in the trade and processing of stainless steel and aluminium. HEGO has a wide range of stainless steel and aluminium sheets and coils in various sizes and alloys, which are available directly from stock. However, with its own service center (cutting, laser cutting, polishing and decoiling) HEGO guarantees fast customization like ordered today is often delivered tomorrow.

André van der Veen, Commercial Director, said: “With Globitas as the new shareholder of our company, we are very optimistic about the future. With the extra knowledge and expertise that Globitas brings, we can realize the course already set in order to achieve our ambitious goals even faster. In the coming years, we will grow to become one of the most important players in stainless steel and aluminium, in the Netherlands and far beyond. On behalf of all employees of HEGO, I would like to thank Wim and Fabien Gort for their unbridled commitment and support over the years. Without them, HEGO could never have become who we are today.”

Globitas is an entrepreneurial investor and it invests in companies with a focus on providing added value. Globitas helps companies grow through entrepreneurship, a broad network of operational experts and creativity. Experiences from other markets are often applied to sectors that are more traditional and where there is room for innovation.

Arthur Clement, Partner of Globitas, said: “We are very pleased with the successful completion of this transaction, where we have been assisted by Biesheuvel Jansen Advocaten. The acquisition of HEGO fits perfectly into our strategy of adding value with a lot of entrepreneurial spirits. We see many opportunities to help HEGO with this transition together with the management. We would like to thank the Gort family for trusting Globitas to lead HEGO to the next phase.”

Wim and Fabien Gort, the founders of HEGO BV and with great pride they look back at the company they have transferred: “We have built HEGO from the third generation, from cold-rolled steel to stainless steel and aluminium and have owned it for over forty years. We owe this success to our staff and our many loyal customers and suppliers. Over the past forty years, we have seen many companies and people come and go there’s always been one constant factor: HEGO. The company has shown resilience through all the years and crises and with our mindset we have added willpower.”

Mr and Mrs Gort are confident that Globitas will continue the business in the right way: “We believe that Globitas has the resources, knowledge and experience to help HEGO move forward in this new phase. We did not act overnight and we have set tough conditions. Globitas complied with them. We handed over HEGO to Globitas with confidence and wish them every success with this purchase. We thank the firm Of Course and the law firm MA Law for their guidance in this process.”