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About us

About us

Background NPM Capital

The Nederlandse Participatie Maatschappij, NPM, was established in 1948 as part of the post-war reconstruction effort to provide risk capital to Dutch companies. The company experienced strong growth in the eighties in line with the development of venture capital and private equity in those years and got listed on the stock exchange in 1987. NPM was renamed to NPM Capital in 1998 and was subsequently delisted by SHV Holdings in 2000. Since then, NPM Capital has been part of SHV.

Corporate responsibility

We believe corporate responsibility is of great importance and one of the fundamental pillars for long term value creation. We stimulate our portfolio companies to proactively support social themes, among others by making innovation and sustainability an integral part of their strategy. Following from our ambition to be socially relevant, we aim to respond with our investments to long term trends such as wellbeing, resource scarcity and the rise of technology.

For the past 11 years we have been supporting The Hunger Project, an organisation which aims to globally eliminate chronical hunger. As a part of this we annually organise the Run for the Hunger, a run to collect money for this charity organisation.

Read more about Why NPM


SHV originated in 1896 out of a merger between a number of large coal-trading companies. When during the twentieth century the use of coal as primary source of energy started to decline, SHV moved into other business areas.

Today, SHV is an international family-owned company and the parent company of seven companies which operate globally in multiple industries:

  • SHV Energy: trade and distribution of LPG
  • Dyas: oil and gas exploration
  • Makro: cash-and-carry wholesaler in South America
  • Mammoet: heavy lifting and transport
  • ERIKS: international industrial service provider
  • Nutreco: animal nutrition and aquafeed
  • NPM Capital: private equity


All SHV companies together are globally active in 62 countries and employ more than 60,000 people. For more information about SHV visit the  SHV website.