Van Hoorebeke Timber, the Belgian wood distributer, has sold their company to van Steenberge, a leading wood delivery specialist. ONEtoONE acted as van Hoorebeke’s exclusive financial advisor.
With the combined skills of both companies, comes the creation new synergies in the international timber market, and by combining the know-how of both companies, there will be an expansion in their respective markets.
van Hoorebeke Timber is one of the most important Belgian players in the sector of import and distribution of wood. Etienne Van de Kerckhove, former chairman of van Hoorebeke Timber: “We are confident that both companies will create even more value for the respective customers and business partners, as well as many growth opportunities for both teams. Timber products are an important sustainable building material for the future and the European timber market needs global players with strong expertise and purchasing channels.”
Van Steenberge is a leading specialist in timely delivery of softwood, panel material and numerous finished wood products for the contracting industry and general industry. They combine their decade-long experience and knowhow with an innovative mindset, allowing them to anticipate the ever-evolving needs of their customers with a solution-oriented approach. They do this together with their team of wood specialists who follow the newest trends and techniques regarding soft wood and panels closely.
The advisors: ONEtoONE Corporate Finance
This transaction has been led by Jeroen Maudens, Guy van der Heyden, Daniel Gillet and Ardit Litaj, from ONEtoONE Corporate Finance Benelux.