mutares AG, a Munich-based industrial group, has acquired Geesinknorba and all its European subsidiaries. The deal was signed on February 3rd 2012.
mutares (www.mutares.de) acquires midsized companies in whole and in part, which are sold as a result of a repositioning process at their owners and which exhibit a clear operational improvement potential.
Getting engaged with its own teams, mutares actively supports its portfolio companies to generate significant value increase. The focus of the operational work is to ensure sustainable, long-term growth.
Robin Laik, founder of mutares AG and member of its executive board, comments on the future development of the company: “Based on its well established market presence and its broad offering of innovative solutions for waste collection and processing, Geesinknorba is excellently positioned to quickly exploit new areas of growth. mutares is excited about the successful closing of the contract with Platinum Equity.”
Geesinknorba generated a turnover exceeding €100 million in 2011 and employs about 490 people, 260 of them in the Netherlands at its headquarters in Emmeloord.
The shares of mutares AG are listed at the Open Market segment of the Berlin stock exchange (symbol: MUX, ISIN: DE000A0SMSH2).
Geesinknorba has taken a new approach to the Irish market with a partnership with Irish Commercials, the Volvo Trucks dealership based in Naas, County Kildare and Oranmore, Galway.
The company has chosen a dealership to partner encompassing the whole of Ireland. Trading under the name Geesinknorba Ireland, the company will offer a full sales and aftermarket service from 1st December.
Geoff Rigg, Geesinknorba’s UK and Ireland Business Director said he is very excited about the waste management company’s new partnership with Irish Commercials.
He said: “We see the Irish market consolidating and the whole customer base is becoming much more professional. We took our time looking for the right partner but when we found Irish Commercials it was soon obvious that they were what we were looking for and didn’t take long to appoint them.
“We know how they go about business in terms of a consultative approach, long term decisions, and professional well organised aftersales. We see them as a company that does business in a very similar way to ourselves.”
The Geesinknorba business will further enhance Irish Commercial’s ability to provide all-in solutions for customers, including offering financial solutions via Volvo Financial Services according to Managing Director Barry Horan.
He said: “We market ourselves very strongly as a one stop shop. This partnership further enhances that for the waste sector. Geesinknorba has a massive range of quality products from 7.5 tonnes up to 32 tonnes. As a company they have gone down a similar route as regards a one stop shop in that they can provide the body, the bin-lifts, and more recently they can provide the weighing solution – something which is quite unique.”
Barry believes the new business will complement Irish Commercials’ long-standing relationship with Volvo Trucks, but stresses that Geesinknorba products will be fitted to whatever trucks customers wish to use.
He said: “We very much view ourselves as Volvo, and although we would rather sell a Geesinknorba body on a Volvo chassis, as Geesinknorba Ireland it is critical that we are happy to sell our products on other makes as well. Otherwise we are limiting Geesinknorba Ireland which is obviously the last thing we want to do.”
The full range of Geeinknorba’s extensive product line-up, including the award winning Plug-in Electric vehicle range will be available to Irish customers. As well as the existing facilities in Naas and Galway which will be fully equipped to meet all servicing and aftersales requirements, Geesinknorba Ireland will be appointing a number of sub-dealers.
Additionally a number of promotional events including a Roadshow with demonstration vehicles are being planned for the coming months.
Geesinknorba Ireland is launched by (l-r) Irish Commercials Managing Director Barry Horan, Geesinknorba Sales and Service Manager Gary Mclauchlan, Geesinknorba UK and Ireland Business Director Geoff Rigg and Irish Commercials Sales Director Conor Horan
The Geesinknorba Ireland deal was finalised in th e boardroon at Irish Commercials’ depot in Naas, County Kildare
One of the Geesinknorba demo vehicles in the Geesinknorba Ireland livery at the depot in Naas
Geesinknorba Nordic has won a major Fleet Management contract for SRV Recycling in Stockholm Sweden.
SRV Recycling is one of the top 10 companies responsible for municipality services in Sweden. They serve customers in southern Stockholm and five municipalities around Stockholm city.
Geesinknorba will open a new workshop south of Stockholm city centre, where we will carry out all scheduled servicing and repairs of SRV’s complete fleet of around 100 vehicles. The contract includes chassis and bodywork on a range of vehicles including Rear loaders, Side loaders, Multi-fraction refuse vehicles, Hook loaders, Trailers, Tractors, Compactors and other heavy equipment. The contract is for three years with two years extension and is worth 8 Million Euro.
It is planned to open the new workshop in January 2012 in line with the start of the SRV contract. Initially it will employ 8-10 workers.
Geesinknorba has signed a contract with Italian manufacturer Rossi Oleodinamica for the exclusive distribution of its products including satellite waste collection vehicles.
The contract was signed by Geesinknorba Chief Executive Mr Roel Nizet and Mr Oscar Rossi, co-owner of the family-run Rossi Oleodinamica, on October 6th, 2011. Rossi Oleodinamica products will now be sold under the Geesinknorba brand.
The company, based in Riccione, northern Italy, produces small refuse collection vehicles which act as satellites, collecting waste material and transferring it to larger RCVs.
The satellite vehicles range in size from 2-12m3 and are fitted with their own compaction mechanisms and lifting equipment. They are designed for operation in urban areas with narrow streets and other places with limited access, such as holiday parks and underground car parks which often have refuse collection points.
Mr Roel Nizet said: “Geesinknorba’s research, including excellent feedback from sales staff throughout our branches, showed that the existing market for small, satellite vehicles was not only significant in itself but would grow as a result of increased recycling.
“We searched for a good and reliable producer of quality products at a good market price and we found what we were looking for in Rossi Oleodinamica.
“The satellite vehicles will work perfectly with our GPMIII and N3 series vehicles. They collect the waste material from source then, when full, discharge into the hopper of the larger vehicles and return for further waste collection. It is a quick, clean and efficient system that already operates successfully in many urban centres in Europe.
“Our sales teams are eager to sell this new product range and are confident that they will create additional income for Geesinknorba. And the contract will also create further income in the Parts and Service divisions of our organisation.”
The satellite vehicle is ideal for urban collections
The satellite vehicles are available with steel and aluminium bodies allowing a good balance between strength and weight-reduction. The bodies are also water-tight, enabling them to be used for the transfer of wet material without leakage. And they can also be either ribbed or flat-sided and mounted on different manufacturers’ chassis from 3.5 tonnes to 10 tonnes (an HGV driver’s license is not required till 7.5 tonnes).
Some satellite vehicles have ribbed bodies
Other vehicles are designed with smooth bodies
The smaller vehicles also produce less noise and use less fuel resulting in cost-savings and lower carbon emissions, all of which make them eminently suitable for operation in urban environments across Europe.
We would like to announce the appointment of mr. R.L.W. (Roel) Nizet as the Chief Executive Officer of GEESINKNORBA. Roel will take over the leadership for GEESINKNORBA from Theo Lemmen, whose interim assignement will end at the end of May.
Roel Nizet (a Dutch national) brings strong leadership and extensive knowledge of the industry from various senior leadership roles held in the past. Roel will join GEESINKNORBA from Iveco Magirus Fire Fighting GmbH where he held the position of Chief Executive Officer. Prior to Iveco, Roel was actively involved within the waste management industry as member of the Executive Board and Director Central & Northern Europe for Otto Environmental Solutions Europe. Prior to that, Roel held various senior executive positions at Suez Environment, Federal Signal Corporation (RAVO Sweepers) and the Van Gansewinkel Group.
Making the announcement of the appointment, mr. Nandit Gandhi, Chairman of the Operating Committee for GEESINKNORBA and Vice President at Platinum Equity, said; “While we have made progress during the last period, we still have significant challenges ahead of us. I am confident that mr. Roel Nizet will lead the GEESINKNORBA organization through these challenges and will provide leadership to drive GEESINKNORBA forward. At the same time I thank Theo for his contribution to the organization during his assignment. Please join me in welcoming Roel on board and provide him with your support.”
Geesinknorba received official ISO 14001 accreditation on 17 February 2011 for our Central Manufacturing Plant and Corporate headquarters in Emmeloord, Netherlands. This recognition is a great extension to the ISO 9001 certificate, which Geesinknorba attained in 2008.
Our ISO 14001 policies define operations and control and reduce our environmental risks. The ISO certificate ensures an environmental responsible production facility at Geesinknorba. “The ISO 14001 certification is often a requirement in public procurement proceedings and also an important tool to our customers, who are also working with waste, to show that we interact properly with our waste and the environment “according to CEO Theo Lemmen.
To qualify for the certificate, Geesinknorba has strengthened its existing policies and goals. Geesinknorba is fully compliant with all relevant laws and regulations for environmental control. One of the main aspects of the ISO standard is the process of continuous improvement on environment and waste. Obviously during the design and development of refuse collection equipment and waste compactors the environment is also examined. Geesinknorba very much leads on such innovation, and our ‘plug in’ vehicle technology is an excellent example of this in practice. Geesinknorba’s ISO14001 audits were managed and conducted by Lloyd’s Register in January and February 2011.
GEESINKNORBA has appointed a new Chief Finance Officer, Mr Bart Enhus.
Mr Enhus will join the company from December 1st and will report directly to Chief Executive Mr Theo Lemmen.
He holds a masters degree in Business Economics from Erasmus University (Rotterdam School of Management) and is also a Certified Registered Auditor.
Before joining GEESINKNORBA, he worked for the world’s leading supplier of blades for wind turbines, LM Wind Power, as Director of Group Financial Controlling. His responsibilities included both financial and business control on a worldwide basis during a phase of restructuring in a versatile and rapidly changing environment.
Prior to this, he worked for AkzoNobel for 19 years in both Europe and the USA. In his last role with AkzoNobel, he guided the financial aspects of the acquisition of ICI by AkzoNobel.
Mr Enhus, aged 47, is a Dutch national and is married with three children.
GEESINKNORBA Chief Executive Mr Theo Lemmen said: “Bart brings tremendous experience, which will help guide our organisation to further growth and profitability.
“We are very pleased that he is strengthening our team as Chief Finance Officer.”
Leading refuse collection vehicle manufacturer GEESINKNORBA has declared the IFAT trade show in Germany in September to be a great success.
The company, which designs and builds award-winning RCVs and leads the industry in innovative green technology, used the show to meet customers from across Europe and also promote its recently established network of sales and customer support services in Germany.
GEESINKNORBA Chief Executive Mr Theo Lemmen said business was brisk and there was huge interest in the company’s extensive and innovative product range, much of which was new to the German market.
“I am delighted with the way the show went. It was a great opportunity to showcase our products and services to customers and potential customers across the whole of Europe and from the rest of the world too. Our stand was very busy with a great atmosphere and a lot of business was done.
“We were particularly keen to address the German visitors to our stand as we’re currently expanding our operations in their market and this really couldn’t have gone better. Here, there was enormous interest in our product range which features some very innovative technology. Although it has been tried and tested elsewhere in Europe, many people from Germany had not seen it before.
“Of particular interest were our Plug-in Electric vehicles which have won awards elsewhere in Europe based on their massive fuel-saving potential which reduces running costs and carbon emissions. This technology, which is available on vehicles across our range and which has been operational in other parts of Europe for some time, is ideally suited to the German market and consequently caused great excitement.
“We’re now following up this genuine interest at the show with further meetings so it promises to be a very busy time for GEESINKNORBA in Germany.”
To contact GEESINKNORBA in Germany, please call: Carsten Schade on +49 511 8759 236 or email carsten.schade@geesinknorba.com
Written on November 26, 2010 at 10:46 am, by admin
Mr Enhus will join the company from December 1st and will report directly to Chief Executive Mr Theo Lemmen.
