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Woodbridge International Closes Kipp & Zonen Transaction
NEW HAVEN, CT--(Marketwired - May 5, 2014) - Woodbridge International, a global middle-market mergers and acquisitions firm, is pleased to announce the acquisition of its client Kipp & Zonen ("the Company"), a leading manufacturer of solar and atmospheric instrumentation based in Delft, the Netherlands, by Amsterdam-based Rabo Capital B.V., a Dutch midmarket private equity fund, together with the management team.
Founded in 1830, Kipp & Zonen designs, manufactures and markets branded equipment used for measuring solar radiation and atmospheric properties in the areas of Meteorology, Climatology and Renewable Energy. The Company's products are installed in over 175 countries for various applications. End-users include a broad range of public and private clients like research institutes and solar system integrators. In addition to its Delft headquarters, Kipp & Zonen maintains sales and service offices in France, the U.S. and Singapore.
Greg Yuel, a Kipp & Zonen board member, said, "The full strength of the Woodbridge team internationally supported the dedicated deal team based in the Netherlands providing us outstanding service in completing a very successful transaction."
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