Rei-Lux International sells its shares in Rei-Lux Benelux B.V. to the TICC company Normec B.V.
Rei-lux Benelux was founded in 2003 in response to the demanding need for mechanical inspection of public lighting. Rei-Lux is a specialist within the public lighting market in measuring the stability of lighting columns, light poles and similar (wall-)anchored objects using a unique and patented measuring system. Rei-lux predominantly is active within the Benelux (Belgium, Netherlands, Luxembourg) from its main office located in Vught (The Netherlands).
Testing, Inspection, Certification & Compliance
Normec is an independent organization focused on Testing, Inspection, Certification and Compliance (TICC). The organisation operates from its branches: Building & Infrastructure and Foodcare. Normec has 120 employees and services its clients from offices in Geldermalsen, Etten-Leur and Amstelveen while continuously growing through a buy-and-build strategy. During this search for new acquisitions, Normec and the fast-growing Rei-Lux were brought together by Baker Tilly Corporate Finance.
During the acquisition process Rei-Lux International was advised by Baker Tilly Corporate Finance. Under the guidance of Lorijn van Leersum the negotiations with Normec took place and Rei-Lux International was assisted with financial and strategic advice. Among other things, the team of Baker Tilly assisted Rei-Lux with the drafting of an information memorandum, conducting a valuation and identifying and contacting of potential parties interested to acquire Rei-Lux Benelux B.V.
In previous years, Rei-Lux experienced rapid growth. Normec would like to continue this trend whilst broadening the service-solutions in order to become the number 1 on the area of testing, inspection, certification and compliance. Rei-Lux will remain an independent part of the Normec Group and will continue its services with the existing management and employees.
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