As of January 15, 2016 Atlantic Capital owns a majority stake in SHI after both management and Atlantic Capital did a successful bid for the shares. In addition to organic growth buy-and-build will be an important tool to boost growth the coming years.
Before the acquisition by Atlantic Capital, SHI was known a Smartwares Home Improvement and originally founded as Elofer in 1900 from a merger of Burgman Heybroek, Nail brushes and Hategro. After the acquisition by Atlantic Capital the company name was changed into SHI.
SHI employs 200 fte's both permanent and standby and is a global importing wholesaler. SHI delivers paint tools, electrical components and add-ons, hardware and plumbing products to non-food and DIY retail chains in the Netherlands and Belgium. With a turnover of € 86 million SHI is among the top three in its segment. In addition to growth in its existing markets SHI expects to grow in Germany and France.