Accelerating growth
In recent years, developments have been rapid at IPS. Both sales and employees have increased by double digits and the outlook is good. Innovar, IPS' cleanroom activity, in particular, is experiencing stormy growth. The floor area of the existing cleanroom is being doubled, in addition to the purchase of additional equipment. IPS is about to open a new location in the Eindhoven region to accommodate its own growing operations. This will soon bring the number of Meilink/IPS locations in the region to four. Cooperation with the other Meilink companies is also well underway, particularly with Meilink Schijndel. An example of this cooperation is the Sustainability Excellence Award from ASML that was achieved last September.
The helm is transferred
Peter Geerts will remain with IPS as director for two more years and will gradually begin to hand over his various duties and functions. Until then, Peter Geerts and Dennis Groesbeek will continue to serve as IPS directors. Dennis Groesbeek has been leading IPS and Innovar together with Peter Geerts since he joined Meilink four years ago. He is also on the group management board of Meilink.
Both owners positive
Peter Rikken, DGA of Meilink, is pleased with this next step. "Our ambitions have largely been realized. Especially in Schijndel, we are switching better and better with 'Eindhoven' and also in our ETO (engineer-to-order) production department in Borculo this is going better and better. I am quite proud of that. I am very pleased with this completion and that Peter will stay on board for another two years. And it has to be said, Peter can be justifiably proud of what he has achieved over the past 25 years. The cooperation with Dennis is excellent so I have every confidence in a smooth transfer in the coming period. Our plans are as ambitious as ever and the prospects are good." Peter Geerts adds, "I can certainly concur with that. It fits in with the agreements we made, at the time. The merger with Meilink has further expanded the customer base and created a healthy customer dependency. This has further strengthened the link with production which contributes to further professionalization. It does you good, handing over your company in such strong hands, both for further growth and for the employees. IPS has become a baby of mine after all these years and I have a good feeling about it. I leave it well behind like this."
About Meilink
Meilink is the market leader in packaging and transporting industrial capital goods. With a total range of chain solutions (the Meilink 'Chain Solutions'), the company can count almost all major companies in the Dutch exporting manufacturing industry among its clients. Meilink has a clear brand promise: 'Securing Value'. With 400 FTE spread across eight offices in the Netherlands and a Joint Venture in China, Meilink's turnover in 2020 was approximately 65 million euros.
About IPS Technology
IPS Technology ("Cherishing Industrial Products"), with 90 highly skilled (HBO/WO) employees, is active in the field of packaging design and handling tooling for the Dutch manufacturing industry, including the high-tech and semiconductor industries. In addition, IPS also has its own test center and cleanroom packaging center: Innovar.
