Rotterdam, 2 October 2018
IGC International completes management buy-out
Dutch market leader in promotional products targeting growth via innovation and in-house production
CEO Hans Poulis has acquired the majority of the shares in IGC International (‘IGC’), the market leader in promotional products. IGC acts as contract partner for 52 companies active in the market for promotional products and business gifts. Prior to the takeover, these 52 companies held the majority of IGC’s shares. IGC is targeting future growth by investing in sustainable product innovations and production methods. The company is active in 46 countries and has a combined annual turnover of €450 million.
Hans Poulis, CEO of IGC: “We are extremely pleased with this buy-out, which we believe will help us to accelerate our growth strategy. The demand for sustainable materials in our sector is increasing rapidly, which is why we plan to invest heavily in product innovations in the coming years so we can meet that demand. At the same time companies are outsourcing more and more production activities and we expect to be able to serve our customers even better by investing in production capacity.”
IGC serves multinationals such as L’Oréal, Philips and Henkel with the production and global distribution of promotional products, business gifts, consumer products and merchandise. The company has grown from a cooperative to a global contract partner for 52 affiliated companies, with 1,800 employees and operations in 46 countries. In 2011, the cooperation between the affiliated companies was further intensified by sharing not only customers but also suppliers. This meant that in one fell swoop they were able to combine even more know-how of the import regulations, product requirements and trading cultures of various countries. This enabled IGC to provide multinationals with even higher levels of service and to optimize the marketing of their products in various markets.
IGC International devotes a great deal of attention to corporate social responsibility. This goes beyond making sure that all products are produced using environment-friendly materials, to full transparency throughout the supply chain: every single product is produced in a fair and responsible manner. The large majority of the products that IGC delivers to its clients are customized productions.
No additional financial details have been disclosed.
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