Veenhuis Machines B.V.

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Veenhuis Machines B.V. - overview

Established

1938

Location

-, -, Netherlands

Primary Industry

Agribusiness

About

Veenhuis Machines B. V. is a Dutch company specializing in advanced agricultural machinery, providing innovative solutions that enhance efficiency and sustainability in farming operations. Founded in 1938 in the Netherlands, Veenhuis Machines B.


V. designs and manufactures agricultural machinery. The company was acquired by management from Mentha Capital in September 2015. The firm has completed three deals since its inception, with its most recent deal occurring in September 2015.


Veenhuis specializes in advanced agricultural machinery and solutions, particularly focusing on precision farming equipment. Their core product offerings include innovative machines designed for feed management, forage harvesting, and manure application, all aimed at enhancing efficiency and sustainability in modern agriculture. These products, such as the Veenhuis Fullject X-Line, are engineered to optimize the use of organic fertilizers, helping farmers reduce dependency on synthetic fertilizers while maximizing crop yield. The company primarily serves a diverse customer base that includes farmers, agricultural contractors, and cooperatives across various regions, with a significant emphasis on markets in Italy, where there is a growing recognition of the value of organic farming practices.


Veenhuis products are engineered for robust performance, ensuring that they meet the needs of both traditional and modern agricultural practices. Veenhuis operates on a B2B model, primarily engaging in direct sales to agricultural businesses, cooperatives, and contractors. Transactions typically involve the sale of machinery and equipment, with the potential for ongoing service agreements to ensure maintenance and support for these complex systems. The company's revenue structure also includes partnerships with distributors and retailers, allowing for broader market reach and accessibility to their flagship products.


The firm's EBITDA for the most recent year, 2017, was EUR 34,919. 40. Veenhuis Machines B. V.


is focused on expanding its product range and market presence. The company is currently designing new machinery aimed at improving efficiency in organic farming, with plans to launch these products in the coming years. Additionally, Veenhuis intends to expand its operations into emerging agricultural markets in Eastern Europe and Southeast Asia by 2025. The management team is leveraging insights gained from recent funding to support these expansion initiatives and product development efforts.


Primary Industry

Agribusiness

Sub Industries

Industrial Machinery, Farm Equipment, Agricultural Chemicals

Website

www.veenhuis.com

Total Amount Raised

Subscriber access only

Veenhuis Machines B.V. - financials

Fiscal Year EndedJun 30, 2014Jun 30, 2015Jun 30, 2016Jun 30, 2017
Revenue (USD)----
% Revenue Growth (YoY)----
EBITDA (USD)901,591---
Operating Income (USD)580,293---
Operating Margin----
% EBITDA Margin----
NET Income (USD)316,056---
% Net Margin----

Veenhuis Machines B.V. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Sale to ManagementCompletedVeenhuis Machines B.V.-
BuyoutCompletedVeenhuis Machines B.V.-
BuyoutCompletedVeenhuis Machines B.V.-

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Veenhuis Machines B.V. - employee data

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