Livingstone Benelux advised the shareholders of VAPRO on the sale to Olympia’s parent company Arnold Participaties

Livingstone’s Benelux team is excited to announce its role as advisor to VAPRO, a leading specialist in the field of staffing and education of process operators, in its sale to Arnold Participaties. The transaction allows VAPRO to leverage its strong reputation in the process operator industry as part of a nationwide group of employment services companies with complementary focus areas. The transaction terms were not disclosed.

VAPRO was founded in 1956 by the Dutch government to improve the inflow and quality of workers to the process manufacturing industry in the Netherlands. In 2010, VAPRO became privately owned through an acquisition by the management team. VAPRO is specialized in the education and staffing of industrial process operators, servicing blue-chip industrial clients and education institutions.

Arnold Participaties is a holding company encompassing Olympia, Ennea, and Vondel & Nassau: a robust and entrepreneurial group of brands in the employment services sector. Through its brands, Arnold Participaties brings extensive experience in recruitment and a headquarters with comprehensive expertise.

“VAPRO is a well-established name in training and recruitment for the process and manufacturing industry. A company that focuses on people, and offers good vocational training. With the help of the recruitment knowledge within Arnold, VAPRO can take its services in the field of employee secondment to a higher level. I am very proud to welcome VAPRO as a subsidiary and look forward to doing impactful business together to realize the full potential of work,” said Dimitri Yocarini, CEO of Arnold Participaties and Olympia.

Click here for the full article