Landwoud expands its portfolio with GSE Technology

11-09-2023

DEURNE (NL) - Investor Landwoud acquired all shares in GSE Technology. As a supplier, GSE Technology is market leader in the field of high-quality carbide rods for various industries. The M&A advisors of Catapult guided Landwoud with this acquisition.

About GSE Technology

GSE Technology, established in Deurne, is a specialist in machining and supplying high-quality carbide rods to primarily Professional Tooling Manufacturers (PTM), located throughout Europe. Subsequently, these parties serve customers in the automotive and mechanical engineering industries. The company is founded in 2006 and has a loyal team of approximately 20 employees. In recent years, GSE Technology has grown significantly and has become further professionalized due to process automation.

About Landwoud

Landwoud is a hands-on investment company that focuses on creating long-term returns. This is mainly accomplished by investing in manufacturing and trading companies with an existing track record. The companies in its current portfolio are active in industries related to processing plastics and metal and are mainly located in the North-East of the Netherlands. With the acquisition of GSE Technology, Landwoud further expands the diversity of its portfolio. Through its extensive knowledge and experience in the metal sector, Landwoud sees opportunities to further develop the business.

Our contribution

From the introduction of the proposition and throughout the entire acquisition process, Catapult supported and advised Landwoud. Catapult was involved in determining the value of the company, in the negotiations, in supervising the due diligence and during the coordinating the drafting of the Letter of Intent and transaction documentation. On behalf of the Catapult team we would like to congratulate the buyer and seller with this transaction and thank them for a pleasant and above all successful cooperation.