1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Netherlands >
  5. Gilde Equity Management Exits Smithuis

Investment Summary

Gilde Equity Management Exits Smithuis

On September 30, 2015, ARYZTA AG - Picard invested in food company Smithuis from Gilde Equity Management

Investment Highlights
  • This is ARYZTA AG - Picard’s 1st transaction in the Food sector.
  • This is ARYZTA AG - Picard’s 1st transaction in the Netherlands.

Investment Summary
Date 2015-09-30
Target Smithuis
Sector Food
Investor(s) ARYZTA AG - Picard
Sellers(s) Gilde Equity Management
Deal Type Add-on Acquisition

Target

Smithuis

Oldenzaal, Netherlands
Smithuis is one of the leading industrial bakery companies, supplying a broad assortment in (frozen) bake-off bread throughout the Netherlands and abroad as well as fresh bread to retailers in the eastern part of the country. Under the “PréPain” brand Smithuis is one of the pioneers of the (frozen) bake-off segment in the Netherlands and the company is enjoying healthy growth. Smithuis’ customers include all leading Dutch food retailers, wholesalers and out of home operators. Smithuis was founded in 1889 and is based in Oldenzaal, Netherlands.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

ARYZTA AG - Picard

Schlieren, Switzerland
Category Company
Sector Food
DESCRIPTION

ARYZTA AG's Picard provides frozen foods.

DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Gilde Equity Management

Houten, Netherlands

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1982
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Gilde Equity Management Benelux (GEM) is a unit of Gilde Investment Management, a Dutch investment firm. Gilde Equity Management (GEM) is a generalist investor, focusing on buyouts of mid-market growth companies valued between €20 and €200 million. Broad sectors of interest include services, consumer goods, manufacturing, and industrial products. Gilde looks for investments across the Benelux region. GEM was formed in 1992 and is headquartered in Houten, the Netherlands.

DEAL STATS #
Overall 15 of 31
Sector: Food M&A 6 of 9
Type: Add-on Acquisition M&A Deals 7 of 18
Country: Netherlands M&A 13 of 25
Year: 2015 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-30 Pré Pain B.V.

Oldenzaal, Netherlands

Pré Pain B.V. is a manufacturer of crispy bake off bread products. Pré Pain B.V. was established in 1992 and is headquartered in Oldenzaal, Netherlands.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-13 Kwantum

Tilburg, Netherlands

Kwantum is a discount retailer with an attractive range of window, floor and wall coverings and home decoration products. Kwantum was founded in 1976 and is based in Tilburg, Netherlands.

Buy -
Mergr

Solution for

Product

Company

Legal