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Wehkamp

Status
Realised
Country
Netherlands
Strategy
Mid Cap
Sector
Industrials
Entry
Jan-06
Exit
Dec-08
Fund
IK 2000
Website

Dutch homeware e-commerce retailer

Wehkamp is the market leader in the Dutch home shopping market. Product categories include Fashion, Living, Home Appliances, Electronics, Health & Beauty and Leisure. Wehkamp’s website has more than 1 million visitors per week.

Wehkamp is headquartered in Zwolle,  Netherlands. IK acquired a majority share via the IK 2000 Fund in January 2006, which was subsequently sold to private investors in December 2008.

Our Value Creation Strategy

During our ownership, we worked alongside the management team to:

  • Separate home shopping, finance and debt collection activities in independent operating companies;
  • Continue the transformation of Wehkamp’s historical catalogue retail business into multi-channel operation with focus on online sales;
  • Develop consumer finance activities by adding products and services independent from home shopping business; and
  • Grow debt collection business organically and through acquisitions.