Kumulus Partners acted as exclusive M&A adviser to Naxicap in the acquisition of a majority stake in APF.
APF Autoparts, headquartered in Zottegem, distributes original car parts from 67 different brands, as well as a wide range of quality parts from manufacturers. The result is a total of more than 120 brands under one roof with 15 million part numbers.
APF serves customers all over the world using tailor-made logistics solutions.
Kumulus Partners sourced the deal opportunity for Naxicap, introduced Naxicap to the founders of APF and was instrumental in the deal making, sourcing and negotiating debt financing, negotiating the deal terms and coordinating the due diligence proceedings till closing of the transaction.
