Holding around Gert Van Erum buys out Fortis Private Equity stake in Vanerum Group

A new holding controlled by Gert van Erum has taken over Fortis Private Equity's stake in Vanerum Group. Fortis Private Equity had acquired an 18% stake in Vanerum Group (“Vanerum”) in September 2002 at the time of the buy-out by Gert Van Erum, combined with growth capital for the further expansion of Vanerum.

During the period of Fortis’s involvement, Vanerum’s revenues grew from some EUR 20 million to more than EUR 40 million and profitability (EBITDA) increased from EUR 1.4 million to EUR 5 million.


Vanerum Collection: Gold at NeoCon

Vanerum strikes Gold Award Education Solutions at annual Best of NeoCon competition for innovative new designs. 

The Best of NeoCon awards – held during NeoCon® World's Trade Fair at Chicago's Merchandise Mart – are the highest honor for commercial furnishings manufacturers.VANERUM participated in the NeoCon competition through StelterPartners, its American distributor based in Grand Rapids, Michigan. StelterPartners presented at NeoCon a selection of VANERUM's product range, which they distribute in the USA under the LearningWorks « VANERUM Collection » label.

Vanerum Collection wins NeoCon Gold Award