Mentha Capital invests in Customs Support
Mentha Capital, an independent investment firm focused on smaller midsize companies in the Benelux, has acquired a majority stake in Customs Support International B.V. (‘CSI’) as part of a management buyout transaction. CSI is a leading specialist and independent platform in customs services in The Netherlands. The company services logistics firms, expeditors, manufactures and trade firms in customs declarations, consultancy and (temporary) staffing. Mentha Capital will support management in the ongoing development and continuing growth of the business.
CSI has its headquarters in Rotterdam, with other branches in Schiphol, Coevorden, Hazeldonk, Antwerp (BE) and Hamburg (DE). With around 65 FTE, CSI provides high quality customs services to (international) clients importing, exporting and/or transiting goods in and through the European Union. CSI is one of the market leaders by size, quality and service. CSI’s management team has long-standing experience in the industry and welcomes the partnership with Mentha Capital to take CSI to the next level of business expansion.
Mentha Capital partner Jeroen Quaegebeur commented that, “we share the strategic vision of CSI’s management to focus on expanding the business by growing the client base. Mentha will support CSI to realize this goal and step up in market leadership through continued focus on quality, service and customs expertise. The highly efficient and profitable platform and the quality of the organization provides for a strong fundament under the business plan”.