Baker Tilly Corporate Finance advises Nord Lommerse Flower Bulb Group.

Description

Hillegom flower bulb preparation and trading company Nord Lommerse Flower Bulb Group attracted Smart Impact Investment as a new partner late last year. Baker Tilly Corporate Finance guided the shareholders of Nord Lommerse Flower Bulb Group in realizing this partnership.

Nord Lommerse Flower Bulb Group

Nord Lommerse Flower Bulb Group is a family business that has been owned by the Lommerse and De Wit families for many generations. Nord Lommerse Flower Bulb Group is a preparation and trading company based in Hillegom with its own nursery in Anna-Paulowna. The company is active in growing, trading and preparing flower bulbs, including tulip and hyacinth bulbs. In addition, Nord Lommerse Flower Bulb Group cultivates under contract in the various growing areas in the Netherlands and other production areas worldwide. In the Netherlands, the company is the largest trader of tulips for the professional user. Nord Lommerse Flower Bulb Group is best known for its wide range of flower bulbs, allowing them to offer their customers a one-stop shop. Over the years, the family business has grown into a leading international player.

To realize its international growth ambition, Smart Impact Investment has been recruited as a partner. The independent investment company supports the business with knowledge, expertise and capital to ensure the next phase of growth for the business.

CEO Erik Lommerse: "For Nord Lommerse Flower Bulb Group it is time for the next phase. Together we have built the business into what it is today and we want to further expand our global footprint. To ensure both continuation and growth, while maintaining quality and service, we started looking for a strong partner, which has been found in Smart Impact Investment."

Smart Impact Investment is an independent private equity firm that focuses on healthy companies with growth ambitions in the Agri & Food sector. Harko Buringh of Smart Impact Investment: "Nord Lommerse Flower Bulb Group is a very Dutch company with a good reputation and a bright future. We look forward to a successful cooperation in realizing the company's further growth strategy."

The role of the Lommerse and De Wit family remains safeguarded. They will remain active as shareholders and directors of the company, while also remaining the trusted point of contact for suppliers, growers and customers.