XANO acquires Dutch service company

XANO has today acquired the service company Veldkamp, based in Raalte, the Netherlands.

Veldkamp is a technical full-service provider active in the packaging, production, food and pharmaceutical sectors. The acquisition includes a group of companies which specialises in designing, building and optimising production lines. Veldkamp focuses on two core areas; the projects division, including machine construction, remanufacturing, overhauls and machine relocation, and technical support, covering a broad range of services including maintenance and repair, machine monitoring, secondment of technical specialists and delivery of special parts. 

The Veldkamp group has around 60 employees. Total net sales amount to approximately EUR 10 million with good profitability. Veldkamp will be part of XANO’s Industrial Solutions business unit. The acquisition strengthens the overall market position in packaging and food industry.

Veldkamp complements the operations within Industrial Solutions by adding circular business offerings and new products. The acquisition means that the business unit’s area of expertise is further broadened, particularly within the can industry, and that Veldkamp is given enhanced opportunities to grow and develop its unique strengths.

Consolidation will be effective as of 1 January 2026. The acquisition is expected to have a marginal impact on XANO’s earnings per share. The transaction includes all shares in Nive B.V. with subsidiaries and Veldkamp Verspanings Techniek B.V.