M&A Deal Summary

Foodpartners International Acquires Claes Group

On December 23, 2021, Foodpartners International acquired retailer Claes Group from Sofindev

Acquisition Highlights
  • This is Foodpartners International’s 1st transaction in the Retail sector.
  • This is Foodpartners International’s 1st transaction in Belgium.

M&A Deal Summary

Date 2021-12-23
Target Claes Group
Sector Retail
Buyer(s) Foodpartners International
Sellers(s) Sofindev
Deal Type Merger

Target

Claes Group

Paal, Belgium
Claes Group is a wholesaler and service provider to the food processing industry. Claes Group was founded in 1967 and is based in Paal, Belgium.

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Buyer(S) 1

Buyer

Foodpartners International

Paal, Belgium

Category Company
Founded 2021
Sector Distribution
DESCRIPTION

Foodpartners International offers wholesale and distribution of various goods and machines to the food retail and food processing sector. Foodpartners International was formed in 2021 and is based in Paal, Belgium.


DEAL STATS #
Overall 2 of 2
Sector: Retail M&A 1 of 1
Type: Merger M&A Deals 2 of 2
Country: Belgium M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 Weidelco

Leeuwarden, Netherlands

Weidelco is a wholesaler of butchery supplies, such as packaging, spices, cleaning products, nets, artificial casings and equipment for the food sector. Weidelco was founded in 1907 and is based in Leeuwarden, Netherlands.

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Seller(S) 1

SELLER

Sofindev

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 600M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Sofindev Private Equity is a private equity firm focused on providing equity and subordinated debt to fund company expansions as well as buyouts of Belgian based companies. The Firm will consider both majority or minority positions and targets profitable companies with at least €10 million of revenue. Sofindev does not have any stated sector preferences and generally seeks companies exhibiting growth potential, with strong management, and potential to add value. Sofindev was established in 1991 and is based in Diegem, Belgium.


DEAL STATS #
Overall 9 of 11
Sector: Retail M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Belgium M&A 9 of 11
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-23 Foodpartners International

Paal, Belgium

Foodpartners International offers wholesale and distribution of various goods and machines to the food retail and food processing sector. Foodpartners International was formed in 2021 and is based in Paal, Belgium.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-27 Delta Engineering

Ophasselt, Belgium

Delta Engineering is specialised in design and construction of machines for the blow molding industry. Delta Engineering was founded in 1992 and is based in Ophasselt, Belgium.

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