Go to deals
Private Equity | Food & Beverage

The Deprez Group in consortium with Solum Partners has acquired and delisted Greenyard

The voluntary and conditional public takeover bid for Greenyard represents an opportunity for the Deprez family to partner with a long-term strategic investor, while also providing a liquidity event that enables the Deprez Group to repay its financial obligations. Solum Partners takes a thematic, long-term investment approach, partnering with industry-leading operators to build and scale differentiated businesses that drive value through growth and innovation.

Garden is the bidding company, controlled by the Deprez Group and supported by Solum Partners.

Greenyard, headquartered in Belgium, is a global leader in the supply of fresh, frozen and prepared fruits and vegetables, as well as flowers and plants. The company operates through three core segments: Greenyard Fresh, which supplies fresh produce to Europe’s largest retailers via a global grower network and strategically located service centers; Greenyard Frozen, which offers frozen fruits and vegetables tailored to modern consumer demands for convenience and nutrition; and Greenyard Prepared, which provides preserved products in cans and jars, along with ready-to-eat items such as soups, sauces and dips. With approximately 8,600 employees across 21 countries, Greenyard generates annual sales of around US$6.2 billion (€5.3 billion). Its mission is to make healthy, plant-based food accessible and enjoyable while maintaining a strong focus on sustainability and operational excellence. At the heart of Greenyard’s strategy is its integrated customer relationship (ICR) model, a differentiated B2B approach designed to fully unburden retailers and foodservice providers in the pure-plant category.

Oaklins’ team in Belgium acted as the exclusive financial advisor to Garden in its acquisition and delisting of Greenyard.

Parties

Talk to the deal team

Thomas Roelens

Managing Director
Brussels, Belgium
Oaklins KBC Securities

Tom Van de Meirssche

Managing Director
Brussels, Belgium
Oaklins KBC Securities

Tibo Steen

Director
Brussels, Belgium
Oaklins KBC Securities

Laurens Vranken

Senior Associate
Brussels, Belgium
Oaklins KBC Securities

Robin Bundervoet

Associate
Brussels, Belgium
Oaklins KBC Securities

Related deals

TEAM Safety Services Limited has been acquired by Vadella Group
Private Equity | Business Support Services

TEAM Safety Services Limited has been acquired by Vadella Group

TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.

Learn more
Electro Optic Systems has acquired the UK interceptor business of MARSS
Aerospace, Defense & Security

Electro Optic Systems has acquired the UK interceptor business of MARSS

Electro Optic Systems Holdings Limited (ASX: EOS) has acquired the UK-based interceptor unmanned aerial system business of MARSS Group for US$6.4 million (€5.5 million). The interceptor is a reusable electric drone effector guided by imaging sensors and AI, which EOS will integrate into its counter-drone portfolio for defense and critical infrastructure customers. EOS plans further investment to complete development.

Learn more
Agrova International has acquired Sunrise Eggs
Agriculture | Food & Beverage

Agrova International has acquired Sunrise Eggs

Agrova International, led by its founder Jurijs Adamovičs, has acquired 100 percent of the shares in Sunrise Eggs, a UK-based egg production and distribution company. This acquisition significantly expands Agrova’s operational footprint and strengthens its position as a pan-European player in the egg and egg protein industry. The transaction was supported with funding from Accession Capital Partners (ACP), a growth capital provider with experience in the agriculture sector.

Learn more