SCHIPHOL, December 20, 2018 – Strikwerda Investments (SI) and S-P-S International (S-P-S) have signed a strategic partnership to realize the international growth ambition of S-P-S. SI takes a majority interest in S-P-S, a leading European player in the design, production, rental and maintenance of Ground Support Equipment (GSE). Director Paul Schmitz remains co-owner and responsible for the further development of the company in his role as CEO. S-P-S is based in the Netherlands at Schiphol Airport, has offices in eight other countries and expects strong international growth over the coming years.
S-P-S was founded in 2004 by Paul Schmitz and is now one of the largest suppliers of GSE products worldwide. The company produces and provides motorized and non-motorized GSE and Cargo Handling Systems. S-P-S specializes in renting (wet-lease) and maintaining GSE and employs approx. 110 employees operating from nine countries.
Paul Schmitz (co-founder & CEO S-P-S): “We have experienced significant growth in the last couple of years, but our ambition is greater. Our goal is to accelerate international growth in the coming years. With Strikwerda Investments we get an experienced platform investor with European Buy & Build expertise on board. With considerable financial resources and in-depth aviation sector knowledge and experience, SI has the potential to support S-P-S to grow faster internationally, both organically and through acquisitions. We are ready for this new ambitious phase in the development of our company.”
Strikwerda Investments (SI)
SI, the Dutch investment fund of the Strikwerda family, was founded in 2000 and has a highly focused investment philosophy. SI believes in the power of the long-term and in sustainable collaborations with fellow shareholders, management, employees and customers. Driven by a passion for entrepreneurship and the strong desire to bring out the best in companies, it helps participations grow and prosper. Due to the availability of permanent capital and support (no exit horizon) it can take the time in building common goals together with entrepreneurs and managers. This has led to dozens of successful investments.
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