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Agriculture

Greenyard Flowers UK has been acquired by Yellow Holdings Ltd.

October 2019 — Greenyard has sold its subsidiary Greenyard Flowers UK to Yellow Holdings Ltd.

Greenyard Flowers UK is the world’s largest supplier of daffodil flowers. Its strong market position is the result of a powerful fully vertically integrated company model, that ranges from the selection of the best genetics to supplying packed products to retailers. In addition to daffodils, of which of which the company has developed more than 2,000 varieties, Greenyard Flowers also grows summer flowers such as peonies, agapanthus, nerines, brodiaea and dahlias.

Yellow Holdings is a holding company owned by Pebble Group, the management of Greenyard Flowers UK and other financial sponsors, and specifically incorporated for the acquisition of Greenyard Flowers UK.

Greenyard was established in 1987 by Hein Deprez and has since grown into one of the largest suppliers of fruit, vegetables, flowers and plants in the world. Today, the company is still a family-owned business that is publicly traded and listed on Euronext Brussels.

Our role in the transaction

Oaklins' team in Belgium advised the seller in this transaction. The team in the Netherlands contributed sector specific knowledge and contacts with buyers. Oaklins Smith & Williamson, based in the UK, supported with origination and prospective buyer.

Parties

Talk to the deal team

Thomas Roelens

Managing Director
Brussels, Belgium
Oaklins KBC Securities

Frank de Hek

Managing Partner
Amsterdam, Netherlands
Oaklins Netherlands

Frederik van der Schoot

Managing Partner
Amsterdam, Netherlands
Oaklins Netherlands

Stuart Goodman

Partner
London, United Kingdom
Oaklins S&W

Alexander Gryson

Director
Brussels, Belgium
Oaklins KBC Securities

Nicolas Ockier

Director
Brussels, Belgium
Oaklins KBC Securities

Casper Oude Essink

Director
Amsterdam, Netherlands
Oaklins Netherlands

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