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.
Talk to the deal team
Tom Van de Meirssche
Oaklins KBC Securities
Robin Bundervoet
Oaklins KBC Securities
Related deals
SRT Marine has completed a placing and subscription
SRT Marine Systems plc has announced an equity raise of at least US$22 million at US$1.10 per share representing a 5.75% discount, through a US$19.4 million accelerated bookbuild placing and a US$2 million subscription by Ocean Infinity, alongside a separate retail offer of up to US$1.3 million.
Learn moreIXICO has completed a fundraising
IXICO plc, a specialist in AI-driven neuroimaging analytics, has completed a US$13.5 million gross capital raise. The funds will be used to support the company’s tech bio strategy, which will see IXICO partner its platform to maximize its potential.
Learn moreSponser Sport Food has set the course for its next phase of development
A group of Swiss investors, including Philippe Bubb and Samuel Wenger, has acquired a majority stake in Sponser Sport Food AG, positioning the company for its next phase of growth. The transaction ensures the retention of jobs and the production site on Lake Zurich, Switzerland.
Learn more