Waterland backs merger of BODE and Ventura in public transport door systems push

  • Waterland-backed BODE agreed to combine with Ventura Systems to create a European public-transport door-systems group with global reach.
  • Waterland will take a majority stake in Ventura; Ventura founders and BODE management will reinvest in the combined company.
  • BODE will keep its Kassel headquarters and brand; Ventura will keep its Bolsward base and brand under a shared group structure.
  • BODE generates more than EUR 250 million revenue with over 1,400 staff; Ventura generates more than EUR 100 million with over 300 staff.
  • Financial terms were not disclosed; closing is subject to customary regulatory approvals and conditions.


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