About Nedamco Capital

Nedamco Capital – A Legacy of Innovation and Impact
As the 26th generation of the Van Wessem family, Jan de Jong cherishes the stories and anecdotes handed down to him by his mother, Dora Van Wessem de Jong, during his childhood. Dora, a direct descendant of the Van Wessem lineage, was not only a bearer of the family’s rich heritage but also a visionary business leader in her own right. Upon the passing of her predecessors, she inherited the reins of the family business, Van Wessem NV, perpetuating the legacy of her forebears. The Van Wessem family and their business empire is indelibly etched in the annals of Dutch history, in various archives and museums, including the Genwiki of Limburg, and the captivating Roermond 1540-1566 by Jos Habets.

The origins of the Van Wessem family can be traced back to the year 1350, when they first emerged as significant figures in Dutch society. Through the centuries, the Van Wessem descendants faithfully served both the public and private domains, occupying diverse roles such as mayors, dike-reeves, state members, First Chamber Senators, and enterprising entrepreneurs. Each generation stood as a pillar of strength, upholding the family’s enduring values and making valuable contributions to their community and nation.

For over five centuries, the family’s primary trade revolved around timber, earning them a reputation as stalwart wood merchants and trailblazing innovators. From 1480 until 1981, the Van Wessem family’s timber trade flourished, reaching the impressive milestone of 500 years.

During the first four centuries, they operated as independent entrepreneurs, driving the timber trade forward with a spirit of relentless determination. In 1880, they took a pioneering leap by listing their business on the Amsterdam stock exchange, navigating the volatile waters of the global financial market.

Sustainable Investing
The Van Wessem family’s drive for innovation was evident throughout their history. In the industrial era of Zaandam, the largest industrial area in the wordt at the time, they foresaw the potential and harnessed the power of windmills for timber milling as early as 1679, setting an early example of sustainable practices. As the steam engine revolutionized industries in the 19th century, the Van Wessem family integrated this groundbreaking technology into their trade, ushering in a new era for the family business.

Adapting to the changing times, the Van Wessem family continued to embrace technological advances in the ensuing decades. In the 1970s, they embraced computer technology, streamlining their trade processes and heralding a new era of efficiency in their operations.
The family’s timber was sourced from the forests of the Nordic countries, including Sweden, Norway, Finland, and Russia. Initially, the timber was processed using wind and steam energy in the Netherlands. However, with the advent of local hydroelectric power, the family embraced this sustainable energy source, effectively breaking the energy monopoly in the Netherlands and showcasing their forward-thinking approach.

Historical turning point
The Van Wessem family’s journey through the timber trade eventually reached a significant turning point in 1981. It was during this time that Jan De Jong, representing the 26th generation, made the decision to divest the family business. Jan De Jong’s bold move took him across the Atlantic to the United States, where he embarked on a new entrepreneurial journey, founding Nedamco Capital as a testament to the shared heritage of the Netherlands and America. This international investment company invested in industrial silicones, oscillating cutting tools, and innovative distillation processes.

Following the successful divestment of its operating activities in 1998, Nedamco Capital transformed into a family office, headquartered Bloemendaal, The Netherlands. With a commitment to preserving the Van Wessem legacy, Nedamco Capital focused on impactful investments with a global reach.

Today
In recent times, the 27th generation of the Van Wessem family charted a visionary course for the future. Embracing the urgency of environmental challenges, they directed their efforts towards impact investing, particularly in climate technologies that would empower the African continent. Under the banner of Nedamco Africa, they aim to leverage their resources and expertise to make a lasting, positive impact on the world. Drawing upon the wisdom and values passed down through generations, the Van Wessem family remains determined to create a sustainable and prosperous future for all.

As the Van Wessem family’s legacy continues to unfold, their narrative of resilience, innovation, and impact stands as a testament to the enduring power of family heritage and the pursuit of a better world.