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

September 2025 — 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.

Our role in the transaction

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