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A business consultancy, based in London, England, John Sacks' JSA Consultancy Services provides expert, in-depth, information advice and guidance as to how to exploit successfully the office furniture and interiors markets in Europe, North America, Australasia and Japan.

Ahrend to acquire ASPA

Thursday 8 April 2010

Hal Holding wants to merge its interests in two office companies, Ahrend and Aspa. To this end, the listed investment company of the Van der Vorm has sent a request to the Dutch Competition Authority (NMa).
Hal has owned Ahrend for the past ten years via its investment vehicle, Stonehaven. Stonehaven is itself is a jointly owned investment vehicle of Hall and the Brenninkmeijer family.
In June last year Stonehaven and another Dutch investment company, Tinseltown Investments, bought the Benelux activities of the loss making Samas Groep. Stonehaven took 40%; Tinseltown 60%. Under the name Aspa - an existing trade name of Samas - the company made a fresh start. In anticipation of the book review and approval by the NMa, Stonehaven bought out Tinseltownand Stonehaven will have full control of Aspa and Ahrend.

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