CFI advises Vebego Group in the sale of PMC to Gosselin Group


Antwerp – CFI is pleased to announce that it acted as the exclusive corporate finance advisor to Vebego Group in its sale of PMC to Gosselin Group.

About PMC

Founded in 1976, PMC, via its two specialised subsidiaries NNOF and Transmoove, is the Belgian integrated market leading provider of corporate moving services and circular workplace design. The company operates with over 100 employees as from its two warehouses, strategically located in the north of Brussels. As a one-stop-shop for excellent sustainable moving services, asset management, design and circularity, this group services over 400 unique customers including blue chip companies such as Ahrend, RGF, VDAB, BNP Paribas Fortis and the Flemish Government.

About Gosselin Group

Gosselin, founded in 1930, is an international group of companies with over 975 colleagues, generating over €450m in annual turnover. Headquartered in Antwerp, Belgium, the group has 56 offices in 34 countries and a strong presence in Europe, Eastern Europe, Russia, the Caucasus, Central Asia and China. Gosselin comprises of two divisions: Gosselin Moving and Gosselin Logistics. Gosselin Moving provides international moving services for multinationals, expatriates, diplomats, military and private individuals. Gosselin Logistics provides logistics services for companies: with activities ranging from freight forwarding, warehouse storage and container handling to industrial logistics projects for heavy machinery and factories.

About the transaction

Based in Voerendaal, the Netherlands, Vebego Group is a multinational and family owned facility services company. The company employs nearly 40,000 staff and realises a turnover of 1.3 billion in Belgium, Germany, the Netherlands and Switzerland. Vebego Group acquired PMC in 2016. Following a strategic review, the board of directors decided to sell PMC and focus on its core activities: cleaning, healthcare, facility management and landscaping. Management of PMC has been deeply involved and consulted throughout the entire process in order to secure a suitable new home for their business.

CFI’s role in the process 

Based on existing relationships, Vebego Group appointed CFI as their exclusive financial advisor to lead the sales process from A to Z. Both Vebego Group as a shareholder and current management were well considered, with the aim of satisfying Vebego Group’s strategic goals whilst meeting management’s ambitions. This resulted in a successful sale of PMC to Gosselin on 23 March 2023.

Luc van de Voorde, Financial Director of Vebego Group Belgium: “We are very pleased to have found Gosselin as a new strategic partner for PMC and its stakeholders. We want to thank CFI for preparing the marketing documents, coordinating the due diligence, supporting with deal term negotiations, and strategically advising Vebego on the sale of PMC. We really valued their professional and unwavering initiatives and support throughout this process.”  

CEO of PMC Christophe Pierre: “This new shareholding allows me to pass on my entrepreneurial blood to my colleagues. From now on, we will share the daily operational responsibility, and that is of great added value. Everyone of our band of 6, with their own skills, is going for it, for 200%. I’m looking forward to the future!”

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