Welzorg specialises in advice, selling, service, adaption and rental of mobility-aids for the elderly or handicapped. Welzorg is one of the leading companies in the Dutch market and was -at the time of our involvement- also active in Sweden and Denmark.
Welzorg was the very first investment of Gerard Brand and René Verbruggen and as a team we owned 20% of the shares and joined the executive team as CEO and CFO. After taking up these positions, the company gained marketshare and was better able to service its’ debts. Within two years the company had a new positive outlook with a new strategy, a restored quality-reputation and clear focus on growth and cost-control. In doing so profits restored to good levels after which IK Investment and Braver found a good new owner for the company.
Divested in 2011.