Hannecard has raised capital from BNPPF Private Equity

The shareholders of Hannecard have raised capital from BNP Paribas Fortis Private Equity.

Hannecard, founded in 1896 and headquartered in Ronse, Belgium, is Europe’s leading supplier of industrial roller coverings, employing over 600 people worldwide
Through its 13 subsidiaries and eight joint ventures, it has a strong international presence, with more than 20 production units in 16 countries. The group offers over a thousand custom-made roller covering solutions, from rubber and polyurethane to composite and spray coating, for a broad range of industries, including paper, metal and packaging. Hannecard also provides a wide range of services such as roller maintenance, repair and management.

BNP Paribas Fortis Private Equity is a long-term Belgian private equity investor established in 1982, with around 30 direct investments in its portfolio across various sectors. Its direct investments team has ample experience as a minority investor in expanding companies with a focus on profitable growth. With over 40 years of experience in the sector, BNP Paribas Fortis Private Equity is regarded as a stable, reliable, flexible and long-term shareholder.

Oaklins’ team in Belgium acted as the exclusive M&A advisor to Hannecard in this transaction.