NTS Group brings investment company NPM Capital on board for long-term growth plan
Investment company NPM Capital acquires a stake in NTS Group of Eindhoven, a first-tier contract manufacturer in the high-tech manufacturing industry. This agreement was reached by owners Boris and Jonas Wintermans. NPM Capital is part of family-owned company SHV and operates in the Dutch, Belgian and German markets. It has holdings in more than 20 companies.
Upon completion of the transaction, NPM Capital will hold a minority stake in NTS Group. Thanks to the participation of NPM Capital, NTS Group will be able to grow at an accelerated pace in the coming years by focusing on scaling up in various sales markets of existing and new customers in Europe, Asia and North America.
Boris and Jonas Wintermans: “NTS is preparing for growth in the coming years, something that calls for continued investment. This will require additional capital, and so we began looking for a fellow shareholder who understands our family business, knows our industry, and supports our vision. With NPM Capital, we will be even more financially agile and able to continue investing in our future plans and growth ambitions.”
Bart Coopmans, Managing Director of NPM Capital: “We look forward to working together with the Wintermans brothers, CEO Frans van Lierop and CFO Ed van der Sluijs. NTS is on the eve of further expansions in capacity, competencies and production locations. Although NTS already has a strong geographical footprint, we are driven to help them further optimize it while investing in the future of their high-tech customers.”
NTS and NPM Capital are not disclosing the financial details of the transaction, which still needs to be approved by authorities and regulators. The transaction is expected to be closed in the first half of 2025.
NTS employs approximately 1,800 people. In 2023, the group reported a turnover of €420 million, an EBITDA of €43 million and a net profit of €27 million. The annual figures for 2024 are expected to be published in May 2025.
About NPM Capital
NPM is an independent investment partner that helps medium-sized and large companies with a head office in the Benelux and Germany to achieve their ambitions and build the companies of the future. With offices in Amsterdam, Ghent and Munich, NPM focuses on family-owned companies and enterprises with a strong and dedicated management team. Its current portfolio consists of 24 participations, including both majority and minority holdings, in areas that impact the future of the world: Sustainable Future, Everything is Digital, Feeding the World and Healthy Life & Learning.
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