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
Related deals
TheNativeFoods has sold a 60% majority stake to investors led by HCapital Partners
TheNativeFoods has entered a new growth phase following the sale of a 60% stake to HCapital Partners, alongside PCL Investments and Premium Peculi. The founding shareholder retains a 40% interest and will continue to lead the company as CEO to ensure a smooth transition and sustained expansion.
Learn moreBanca Monte dei Paschi di Siena has completed a voluntary public exchange offer for Mediobanca
Banca Monte dei Paschi di Siena S.p.A. has finalized a voluntary public exchange offer for 100% of Mediobanca S.p.A.’s share capital, marking a significant step in the consolidation of the Italian banking sector.
Learn moreFirst Capital has completed an accelerated bookbuilding of 1.98% of Orsero’s share capital
Orsero S.p.A. has successfully completed an accelerated bookbuilding of 1.98% of its share capital, sold by First Capital, for a total deal value of US$7.2 million.
Learn more