Bolster sells its stake in Adomex
Bolster sells its stake in Adomex to Dutch Flower Group (DFG). Adomex is a leading trading company in cut and decorative greenery, supplying wholesalers, exporters and florists worldwide. By bringing expertise in cut and decorative greenery together under the DFG umbrella, a strong foundation is created for further growth within this versatile product group.
Bolster Investment Partners sells its stake in Adomex to Dutch Flower Group (DFG). Bolster acquired a minority stake in Adomex in 2016. Adomex is a leading trading company in cut and decorative greenery, headquartered in Uithoorn. In the years that followed, Bolster supported Adomex in expanding its activities, including through four acquisitions in the Netherlands and abroad. In 2023, Bolster became the majority shareholder in Adomex.
Founded in 1977, Adomex was the first company in the Netherlands to focus exclusively on cut and decorative greenery. Since then, its product range has expanded significantly. Today, Adomex supplies wholesalers, exporters and florists both domestically and internationally. Following the acquisition by DFG, the company will continue its operations under its own name and with the current management team.
The shares are being sold to Dutch Flower Group, an international group of specialised floriculture companies. DFG is active in import, export, trading, cultivation and market development, supplying wholesalers and leading retail chains in more than 60 countries. The integration of Adomex into DFG provides a strong foundation for further growth of the cut greenery product group. The transaction is subject to approval by the Dutch Authority for Consumers and Markets (ACM).
Gerard Wijma, Managing Director of Adomex:
“Joining DFG creates many opportunities for Adomex to continue its growth and development. We are very grateful to Bolster for the pleasant collaboration and support over the past nine years”
Joost Bakhuizen, Managing Partner at Bolster Investment Partners:
“Over the past nine years, we have worked with great pleasure alongside the management team and co-shareholders of Adomex. We are proud to have contributed to the successful development of this outstanding company. Parting is never easy, but we are confident that Adomex is in good hands with DFG and firmly believe in the opportunities this new combination will create. We wish Adomex and DFG every success in the future.”
For more information, please contact:
Bolster Investment Partners
Joost Bakhuizen: +31 (0) 20 226 30 88
About Adomex
Adomex is the largest independent importer of cut and decorative greenery, exotics and other filler flowers. The company sources globally and supplies wholesalers, exporters and florists in the Netherlands and across Europe.
About Dutch Flower Group
Dutch Flower Group (DFG) is a global family of specialised floriculture companies. DFG is active in the import, export, trading, cultivation and market development of cut flowers, bouquets, plants and decorative greenery. The group employs more than 5,000 people and achieved revenues of €2.3 billion in 2024.
About Bolster Investment Partners
Bolster Investment Partners is a flexible, long-term investor specialising in minority and majority partnerships with DGA-led and family-owned businesses. Bolster invests in outstanding Dutch companies with a clear focus and a proven business model. Bolster supports entrepreneurs in realising the full potential of their businesses by acting as an equal partner. Since 1982, Bolster and its predecessor Van Lanschot Kempen Participaties have successfully partnered with more than 100 companies.