APS acquires NFC and realises growth financing

Yuno Advisors advised the owners and management of APS Glass & Bar Supply (APS), a leading supplier of bar and hospitality supplies, on its acquisition of industry peer Non Food Company (NFC). In addition, Yuno Advisors assisted APS in successfully securing acquisition and growth financing from ING.

APS Glass & Bar Supply (www.apssupply.nl) is a leading player in the hospitality industry, offering a wide range of bar supplies, glassware and tableware for both the Dutch and international markets. The company, led by Bastiaan de Jong and Maartje Beukers, has developed strongly in recent years and distinguishes itself through quality, innovation and customer-oriented solutions.

Non Food Company (www.nonfoodcompany.com) is a well-known player in the southern Netherlands and a specialist in catering crockery, glasses, cutlery and kitchen hygiene. The acquisition of NFC enables APS to further expand its product range and strengthen its position in the market. This strategic acquisition will further optimise services to existing and new customers.

In addition to the required acquisition financing, APS has realised additional growth financing to realise further expansion within the hospitality market. Yuno Advisors assisted APS throughout the entire process, including overall buy-side advice, financial analysis, negotiations, transaction structuring and financing support.