Buy Out Fund (BOF), and Gimv, two Belgian private equity firms, have backed the management buy-in of Omnistor Accessories, the Belgian manufacturer of mobile home accessories.
Omnistor has been a family business for the past thirty years, but the retirement of founder Louis Brutsaert prompted the sale. The financial details of the sale were not disclosed, but the two investors each have a 44% stake, with the remainder going to management and Brutsaert family members.