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Nimbus acquires IJS Global

PRESS RELEASE

May 19, 2014: Amsterdam, The Netherlands: Logistics service provider IJS Global has a new parent company – it has been acquired by the Dutch investment house – Nimbus.

Netherlands-headquartered Nimbus invests in globally focused companieIJS Global SPLs with substantial or evident potential for further growth. IJS Global provides Nimbus with its first involvement in the transport and logistics sector.

IJS Global will continue to be driven from its' Amsterdam HQ (right) with its senior management remaining very much in place. Sjoerd van Loon will continue in his position as Global Chief Executive Officer whilst Mike Gillett will become the Global Chief Operating Officer.

Sjoerd van Loon commented "the opportunity to work with a successful stakeholder focused organisation such as Nimbus has been a major factor in this deal. This combined with our established worldwide network and key partner relationships ensures we can further drive the business forward and advance in the vertical markets for which we have earned such an enviable reputation. Our international network across Europe, Asia, Australia and the USA already comprises more than 40 offices and they will continue to focus on delivering robust solutions to our customers, especially those in the pharma, energy and aerospace sectors".

Says Nimbus Managing Partner, Marc Renne: "We will be empowering IJS Global's senior management to continue growing the business while at the same time making sure the business is structured and financed so that it remains agile and geared towards its' strategic objectives.

"With exceptional IT capabilities and a blue-chip customer list, the IJS Global international network provides a tremendous platform from which to build and deliver solutions its customers are seeking from an impressive team of professionals. We are excited to be playing our part in helping to steer this dynamic organisation" he adds.

Nimbus will provide IJS Global with hands-on management assistance and board-level guidance, as and when required, as well as an injection of working capital to support its continued growth plan of exploring new business opportunities through strategic acquisitions.

The terms of the deal were not disclosed.

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