Global market leader in sensor solutions for control systems and overload protection of lifting, pulling, towing, hoisting and moving machines
  • PAT-Krüger Group BV issues bonds for a maximum of €1,4 million via the NPEX stock exchange;
  • The annual interest on the 5-year subordinated bond loan is 8%;
  • PAT-Krüger Group BV intends to acquire a sensor manufacturer with part of the proceeds.

'S-HERTOGENBOSCH – PAT-Krüger Group BV, a technical company specialized in developing and installing sensor systems for lifting, pulling, towing, hoisting and moving machines, issues a 5-year bond loan with an interest of 8% per year.

Investors can subscribe to the bonds via the NPEX stock exchange, which are listed and tradable on the NPEX trading platform. PAT-Krüger has set the maximum proceeds from the issue at €1,4 million.

The company, with headquarters in 's-Hertogenbosch, develops and supplies total solutions from the Netherlands in the field of nuisance protection, loading moment indicators, machine control, weighing systems, large number displays, CCTV, data logging and data analysis tools for cranes and other heavy equipment on land and in the Netherlands. water.

PAT-Krüger, with offices in the Netherlands, Germany, Great Britain and the United Arab Emirates, employs approximately 45 specialized employees.

PAT-Krüger will use the proceeds from the bond loan to strengthen working capital, repayment of the vendor loan dating from the acquisition of the company in 2016 and the financing of an upcoming acquisition. PAT-Krüger wants to strengthen itself with a sensor manufacturer. After the acquisition, the company will be even better able to deliver customized solutions worldwide.

According to Coert Kleijwegt, CEO and owner of PAT-Krüger, the company's turnover and returns have been solid in recent years. “There is sufficient potential for growth”, Kleijwegt expects. “PAT-Krüger is active in the manufacturing industry in a specialist niche market and with a strong global quality name. Our goal is to further expand the company.”

Click here to read the interview with Coert Kleijwegt, CEO of PAT-Krüger.