December 2018: Burg Groep realises restructuring and refinancing of the existing finance arrangement, on the basis of a European single bank group financing, including payment transactions and interest- and currency coverage, with new house bank ING. IFS guided Burg Groep throughout the entire process.
In July 2021, after a targeted bank tender, Evers Specials placed the structural expansion of existing working capital financing and an additional CAPEX facility plus real estate financing with existing house bank, Rabobank. IFS, with its various advisory disciplines, guided Evers Specials throughout the entire financing process.
April 2021 – In order to execute future plans and strategy, Vink Installatie Groep refinanced and augmented its current financing facilities at ABN Amro bank, supporting increasing turnover targets based on multi-year strategic objectives, up until 2025. Integrated Finance Solutions (IFS) has supported and guided Vink Installatie Groep throughout this entire process.
December 2021: Under the guidance of IFS, Van der Kroon Food Products has successfully completed the acquisition of the family business N.W. Van Ruiten B.V. (NVR) with its very strong brand name, and has been able to secure the necessary (takeover) financing with its new house bank ABN AMRO. While both powerful brand labels will continue to exist, Van der Kroon will continue to grow.
As per June 01, 2018 AGRO Merchants successfully completed a USD 100.000.000,- real estate financing. The multi- currency credit facilities provided by HSBC will be applied to further expand AGRO Merchants activities across the globe and to partly repay last year’s second lien financing. Integrated Finance Solutions (IFS) BV assisted AGRO Merchants throughout the whole process.
March 2020: Elzinga Groep completed the restructuring and refinancing of its existing financing arrangement with house bank ABN Amro. The financing facilities that support Elzinga Group to achieve the intended growth where expanded also. ABN Amro bank shall take care of all traffic and bank guarantees. IFS assisted and guided Elzinga Groep throughout the entire proces.
June 2014 TOPIGS International and Norsvin International AS have merged their international activities into a new company, Topigs Norsvin. The merger of these two companies has resulted in a world-leading swine breeding company with annual revenues exceeding US$ 179 million/€ 130 million. The headoffice is in Vught, The Netherlands.
May 2016: Haasnoot Fish Group completely refinanced all its facilities with new House bank ABN AMRO. IFS advised and supported Haasnoot Fish Group during the entire process.
April 2018: With its recent refinancing Kimmenade realised an increase of its working capita land bank guarantee facility as well as an additional real estate finance to extend its existing production facilities. Ilfa Finance Solutions (IFS) guided Kimmenade during this whole refinancing process.
July 2019: Roompot signed a € 6.5 million real estate financing agreement for the financing of its new headquarters in Goes. The former partner bank ABN Amro provides the company with the most adequate funding at the best conditions, renewing its participation in Roompots international group of financiers. IFS advised and accompanied Roompot throughout this process.
Autumn 2020: Fransen Gerrits completed the refinancing of all its existing financing arrangements with various banks, thereby choosing for Rabobank as new house bank. Fransen Gerrits’ financing facilities were augmented and facilitate the envisaged growth, including the recent strategic cooperation annex takeover of Fierens Diervoeders in Belgium. IFS guided the whole process.
May 2018: Walraven realised a multi-currency € 25.500.000,- asset based working capital-, capex and guarantee facility as well as a European multi-currency cross-border cash concentration structure with new partner bank Deutsche Bank. IFS guided and assisted Walraven during the entire selection & negotiation process.
June 2017: Bredenoord completed the selection process for extension of its existing working capital financing and additional capex facility with house bank Rabobank, realising significant extension and replacement of its (rental) fleet and introducing a whole new generation of sustainable generators to the European leasing market. Bredenoord was guided and adviced by IFS.
Dec. 2014 West Fort Meat products acquired the necessary funding to realise the construction of a new slaughterhouse and cutting plant. Thanks to the support of the RVO, the refinancing, including a governmental guarantee (Garantie Ondernemingsfinanciering), was complete. Ilfa Finance Solutions BV assisted and adviced during the entire proces.
January 2017: Bangma Verpakking successfully placed the financing for a new ultra-modern 20,000 m2 turnkey construction project, plus expansion of its working capital with house bank ING bank. IFS has advised and assisted Bangma Verpakking throughout the entire process.
June 2015: Van Oers Group and De Vries Snacks have joined forces into the newly established UNITED FOOD FAMILY B.V.. Together, the two family businesses will continue to operate with their own brand names and locations under the flag of UNITED FOOD FAMILY B.V.. Ilfa Finance Solutions accompanied both the merger and adjacent financing.
January 2015: Oriental Group (“Amazing Oriental") completed the refinancing of its existing bank facilities with ING Bank. In addition ING provided a real estate financing and will execute all cash management activities, the bank guarantees, and interest rate and currency hedging facilities. Ilfa Finance Solutions acted as advisor.
December 2015: Scherpenhuizen realises financing of the new multi-functional distribution centre in Eindhoven. ABN Amro Bank finances the new distrubtion centre, ABN Amro Commercial Finance supplies the asset based working capital facility. The arrangements have been succesfully negotiated by IFS.
January 2016: Mol Diervoeding successfully completes the refinancing of its existing bank facilities. The new arrangement, provided for by ING Bank, ING Lease and ING Commercial Finance, consists of a working capital financing solution and a finance arrangement to realise a new distribution centre and expansion of the fleet. IFS accompanied Mol Diervoeding during this process.
March 2015: ING Bank was selected by HZPC to execute all incoming & outgoing payments and concentrate the available liquidity in a cross border cash pool structure in Holland. In addition ING provides a € 15.000.000,- seasonal credit facility. Deutsche Bank provides for the documentary payments and will act as preferred (local) bank outside of Western Europe.
January 2015: Dairy cooperative DOC Kaas completed the expansion of its working capital finance facilities. In addition to an increase of the existing facilities to € 100 million, the existing banking consortium of Rabobank and ING was extended with Deutsche Bank as additional lender. Ilfa Finance Solutions advised the cooperative during the entire process.
February 2015: Avio-Diepen completed the ‘Amendment & Restatement’ of its existing credit facilities. ABN Amro Bank and Rabobank endorsed their confidence in Avio-Diepen by extending the existing Term Loan and Borrowing Base facility of USD 52.800.000,- on competitive conditions. Ilfa Finance Solutions advised and accompanied this whole process.
Nov. 2014 Jan Zandbergen World-Wide Quality in Meat has recently completed the financing of a new cold store. Also, the existing working capital financing has been extended. Ilfa Finance Solutions advised Jan Zandbergen throughout the process. Financing is provided as a club deal between Deutsche Bank and the existing partner bank Rabobank, based on English LMA documentation.
Okt. 2014 Shrimp wholesaler Klaas Puul reached an agreement with a new bank consortium on the refinancing and expansion of the current credit facilities. The required € 50.5 million and $ 12.5 million senior term loans, asset financing and working capital financing was realised using the advice and support of Ilfa Finance Solutions.
March 2014: construction firm Dura Vermeer achieved agreement with its bank syndicate on refinancing and extending its existing credit facilities. Accompanied by Ilfa Finance Solutions, credit facilities of € 213.5 million have been agreed with Rabobank, ING and newcomer NIBC.
April 2014: Vissers Olie, one of the largest distributors of fuels and lubricants in Southern Netherlands, acquired 21 petrol stations from Esso Netherlands. The required acquisition financing was realised with the assistance and support of Ilfa Finance Solutions.
July 2014: Peterson Control Union implemented a multi-currency cross-border cash pool structure at Bank Mendes Gans. Both the design of the structure and the choice of Bank Mendes Gans as cash pool bank was conducted under the auspices of Ilfa Finance Solutions. Peterson Control Union (PCU) is active in approximately 24 countries worldwide.
November 2013: In close collaboration with Mr. Dennis van der Kroon, CEO of Van der Kroon Food Products, Ilfa Finance Solutions brought about the refinancing and extension of existing credit facilities. Among others, this included real estate financing for the construction and renewal of company- and storage space.
April 2013: For 2Sisters Europe, Ilfa Finance Solutions realised a non-resource factoring facility of € 25 million for the extension of the European activities. In order to effectively utilise the available cash within the group, a multi-currency cross border cash pool was established with the new bank.
January 2013: To realise new cold storage and extension of the manufacturing facilities of Van Rooi Groep, Ilfa Finance Solutions brought about real estate and workling capital financing of € 80 million, as well as the implementation of a cashpool structure with the newly selected partner bank.
October 2012: In order to realise company growth, Ilfa Finance Solutions realised a hybrid revolving credit facility of € 200 million for Boels Holding, herewith extending the existing financing group with two new banks. In additiona pan-European cross-border cashpool structure was implemented.
September 2011: In order to finance the take-over of Biolbérica and refinance existing facilities, Mr. Biljouw, CFO of Teeuwissen Holding, called on the expertise of Ilfa Finance Solutions. In close collaboration, a € 85 million refinancing was realised.
May 2012: Kesbeke was advised and supported by Ilfa Finance Solutions during the refinancing and extension of existing credit facilities. The renewed facilities allow for development of new partnerships which will further the growth of company turnover.
July 2012: For Watts Industries Europe, Ilfa Finance Solutions designed a pan-European cross-border multi-currency cash pool structure. Subsequently, payments execution was centralised in The Netherlands by applying the SEPA payment formats and, for the remaining EMEA countries, transferred to the group's new cash management bank.
One can only truly experience the strength of the Integrated Finance Solutions concept when put into practice. In the above, please find a selection of the various sloutions realised by our consultants in the recent past.
A complete overview of the cases carried out by us will be sent to you after completing the application form.
