“Tomorrows answers today”
AkzoNobel, a Fortune 500 company, headquartered in Amsterdam, is the global market leader in paints and coatings and a major producer of specialty chemicals.
It has sales of over EUR 13.8 billion (2009) and over 57,000 employees, operating in over 80 countries. In 2007 Peter van Rood joined AkzoNobel as Group Treasurer, the same year that the Board gave approval for the redesign of the treasury function to return it to a first quartile operator in its peer group of companies.
Eyes on value-creating capacity and financial requirements
Gelders Have Groep is the largest franchisee of the Albert Heijn supermarket chain in the Netherlands. Over the past years the group has made the blue AH logo increasingly prominent in the east of the Netherlands.
Over the coming years Gelders Have Groep expects to continue growing explosively. Among other things Zanders analyzed the value-creating capacity of the individual stores for the purpose of a multi-year acquisition program. Zanders also helped the
VUmc can finance ambitious plans despite difficult market
The VU University Medical Center (VUmc) has an ambitious investment agenda. Despite the difficult market, the hospital concluded an excellent financing deal with a bank consortium.
Zanders supported the VUmc in finding the right financing and assisted the hospital in its negotiations.
Successful TenneT Bond issue
Dutch electricity grid administrator TenneT ventured into the capital markets in February 2010 to finance its acquisition of German grid operator Transpower and further investments in the energy infrastructure.
TenneT needed EUR 1.5 billion. With enormous interest among investors, subscriptions totaled EUR 11 billion within just 25 minutes. Zanders supervised this highly successful bond issue.
“The people who work for IFF are dedicated to taste – they spend their day at work creating, say, a new flavor of soda or dessert,” says Eric Vastenhoud.
Zanders supported IFF in the centralization and optimization of treasury processes and the implementation of SAP Treasury.