New investment Royal SENS

PRESS RELEASE

Royal Sens secures plans for growth through sale to Quadrum Capital

Rotterdam – 6 November 2019

Royal Sens, the international manufacturer of high-quality labels for food and non-food packaging established in 1896, has been sold by its shareholders to investment company Quadrum Capital. Under the Quadrum Capital umbrella, Royal Sens will be able to speed up the implementation of its innovative investment programme in the framework of its international growth ambitions. The existing management team at Royal Sens, headed by CEO Jan Geitenbeek, will remain responsible for day-to-day management. The production locations in Rotterdam and Enschede and sales offices in England and Germany will continue to operate in their current form, at the same locations.

__Accelerated international growth __ The takeover of Royal Sens by Quadrum Capital ties in with the company’s long-term growth strategy, and should enable the accelerated rollout of Royal Sens’ investment plans. It will give Royal Sens the capacity it needs to respond even better to key market themes, and to meet the growing demand for high-quality packaging solutions.

Jan Geitenbeek, CEO at Royal Sens explained: ‘Over the past few years we have experienced rapid growth, and we have ambitious investment plans to further continue that growth strategy. The decision to sell Royal Sens to Quadrum Capital ties in seamlessly with those plans. Quadrum Capital shares our long-term vision and can contribute knowledge and financial clout. In addition, our businesses share the same core values: entrepreneurial spirit, craftsmanship, reliability and quality. For us this means that the ideal ingredients are in place for jointly further expanding the solid position of Royal Sens.’

Peter Oostenenk of Quadrum Capital added: ‘Royal Sens is a fabulous company with a rock-solid reputation in the packaging industry. The loyal customer base across Europe, modern technology and unique position on the market represent solid foundations for the further international growth ambitions of Royal Sens. Royal Sens is also responding well to key themes in society such as sustainability, that are playing an increasingly important role in this sector, too. Together with the team at Royal Sens, we aim to continue the already long and successful history of the company.’

About Royal Sens | The label in packaging since 1896 Since its establishment in 1896, Royal Sens has grown to become a leading manufacturer of high-quality labels for the food and non-food packaging industry. From two production locations in the Netherlands and offices in Germany and England, Royal Sens serves big name national and international brands. By constantly focusing on flexibility, quality and sustainability, Royal Sens has been able to deliver continuous high quality even for the most complex demands, and as such represents a reliable, valuable partner for its clients.

Royal Sens has a workforce of 200, generates a turnover of 40 million euro and manufactures more than 8 billion labels a year, both plastic and paper. www.royalsens.com About Quadrum Capital Quadrum Capital is a nationwide investment company with offices in the East and West Netherlands. Quadrum Capital has a strong entrepreneurial mindset and a broad portfolio of equity investments in various sectors. The packaging sector is one of the sectors on which Quadrum Capital focuses. As a committed partner, Quadrum Capital employs a unique approach in focussing on the responsible growth of companies by contributing its network, financial strength and high-quality management and entrepreneurial experience. www.quadrum-capital.nl

In this transaction, Fortaleza Capital acted as corporate finance advisor to the shareholders of Royal Sens, BarentsKrans as legal advisor and Amstone as tax advisor: www.fortalezacapital.nl; www.barentskrans.nl; www.amstone.nl. Accuracy acted as financial and commercial advisor to Quadrum Capital, De Breij as legal advisor, Zuidbroek as civil-law notary and Atlas as tax advisor: www.accuracy.com; www.debreij.com; www.zuidbroek.com; www.atlas.tax.

For more information: Jan Geitenbeek CEO Royal Sens geitenbeek@sens.nl

Peter Oostenenk Partner, Quadrum Capital p.oostenenk@quadrum-capital.nl