Teunissen & Becking finds ideal partner for the future in NewPort Capital

Teunissen & Becking is a leading player in the field of wall and floor tiles for indoor and outdoor application, bathrooms, kitchens and related materials.

After its establishment in 1962, TeBe started as a tiling company and over the years it has expanded to become a leading player in tiles, kitchens and bathrooms. With the takeover by Rob Teunissen in 1994, the company has shown strong annual growth. It is now one of the largest players in the tile field in the Netherlands. The company distinguishes itself by a wide and deep range, the personal approach that starts with listening carefully to its customers and 'a deal is a deal'. With the entry of NewPort as investor, TeBe can accelerate its ambitious growth strategy and further consolidate its position in the market. DGA and CEO Rob Teunissen, together with Hugo van Dijk, will continue to manage TeBe.

According to Rob Teunissen, NewPort's investment fits perfectly into the company's long-term and continuity vision. "NewPort's investment gives our business that was once founded by my father and uncle the space to further implement our growth plan, introduce adjacent and complementary products and more deeply anchor our position in the 'supply chain' of wall and floor tiles. In addition to accelerating organic growth, we are also interested in strategic acquisitions both at home and abroad."

"With its broad network and knowledge and experience in rolling out a buy & build strategy, NewPort is a valuable partner for TeBe in achieving our goals. I am proud to join Rob in managing our company and to help shape the future plans" said Hugo van Dijk, commercial and operations director.

Rob van der Laan of NewPort, explains, "TeBe is a highly respected family business from Almelo with a rich history. Rob Teunissen is the 2nd generation Teunissen to run the company. Founded in 1962, the company has nearly 60 years of experience in tiles, bathrooms and kitchens. Over the years, TeBe has developed into the party of choice for professionals in its sector. With exclusive contracts with several leading tile manufacturers at home and abroad, it offers its customers a very wide range of (indoor and outdoor) tiles and related materials. In addition, TeBe has a modern tile, kitchen & bathroom showroom in Almelo where it serves both the professional and the end customer. TeBe has its own tiling company for project execution. With the growing need for housing and the associated moving movements, TeBe is moving in a dynamic market. Melvin Sie of NewPort , adds: "TeBe's rock-solid reputation is exemplified in a very loyal customer base in the broad tile, kitchen and bathroom industry, from local specialty retailers to large national chains. We are very excited about TeBe's growth opportunities and the cooperation with the entrepreneurial and professional board and management team."

Factor & Ros acted as adviser on behalf of Rob Teunissen throughout the process.