Management Buy-Out at Hukra

Transaction
The management of Hukra B.V. (Hukra) has acquired the shares in the company. Rembrandt M&A acted as the exclusive financial advisor of the management.

Parties
Hukra is a well-known exporter of cut flowers. The company has approximately 50 employees, and exports to 8 different countries. Hukra was founded in 1982 and acquired by Interflora AB (Sweden) in 1992. Interflora was founded in 1923 and supports its members who mainly comprise flower shop owners. These flower shops form a part of Interflora’s ‘Fleurop’ network. Interflora operates in 140 countries and supplies to about 40000 flower shops. In May of 2011, Rembrandt M&A was asked by the management to advise on a management buy-out.
For more information, see: www.hukra.nl