Nordian Capital has acquired a majority interest in Pos Service Holland (PSH), a leading international wholesaler of starter motors and alternators.
PSH (www.psh.nl) is importer of the major OEM brands and also supplies over 4,000 types of starters and alternators via their private label +Line® for application in automotive, trucks, agricultural, shipping and the industrial sector. With headquarters in the Netherlands and branches in France, Spain and China, PSH serves its customers in over 70 countries worldwide. Besides starters and alternators PSH also provides high added value services and equipment focused on the electrical workshop. For the testing of starter motors and alternators PSH develops and distributes hand-held testers, bench top testers and test benches from its own Motoplat® brand.
PSH is delighted with this new partnership with Nordian Capital. PSH founder Hans Pos sr.: “Nordian Capital is a solid partner that will help us to pursue and secure opportunities for international growth, both autonomously and through acquisitions.” Per 1 November Alexander Kam will join PSH as CEO. Following an international career at Pon Holdings, where in his last role he served as director service and parts at Pon Equipment, he will drive further growth of the business, together with Hans Pos jr. and the broader PSH management team.
Gregor Beusmans, Partner at Nordian Capital: “PSH has a strong track-record of profitable growth and has built an outstanding reputation in the industry. We look forward to working with the management on increasing the company’s growth and expanding its European market position.” OXEYE Advisors acted as financial advisor to PSH in this transaction; Statua Corporate Counsels acted as legal advisor to the company.