Belgium-based mover Gosselin has announced the acquisition of a 50 per cent stake in Transmoove and NNOF from owner Vebego. The deal includes the businesses’ two warehouse operations in Vilvoorde, near the Dutch/Belgian border.
Marc Smet, CEO of the Gosselin Group, said: ‘With this acquisition, we will be able to further diversify our service offering with the office moving, office design and furniture refurbishing business. We are impressed by the value proposition of NNOF and Transmoove, the competence and the dynamic of the teams as well as the purpose-built infrastructure.’
‘The intention is to further strengthen and enhance the moving capacities of Gosselin in its home market of Belgium,’ said Marcel Jörg, CEO of Gosselin Moving. ‘In addition, Gosselin seeks synergies on the international moving side between the Brussels-based Transmoove operation and Gosselin’s Antwerp-based headquarters operation.’
The other 50 per cent stake in the two businesses was purchased by the existing management team, under the leadership of CEO Christophe Pierre.
A statement on the deal said Gosselin was looking to expand into further European markets ‘in the mid term’.