M&A Deal Summary

Greenyard Acquires Creme de la Creme

On April 18, 2024, Greenyard acquired food company Creme de la Creme

Acquisition Highlights
  • This is Greenyard’s 3rd transaction in the Food sector.
  • This is Greenyard’s 1st transaction in Belgium.

M&A Deal Summary

Date 2024-04-18
Target Creme de la Creme
Sector Food
Buyer(s) Greenyard
Deal Type Add-on Acquisition

Target

Creme de la Creme

Hasselt, Belgium
Creme de la Creme develops, manufactures, and sells ice products and frozen desserts, with a focus on the pure-plant category. Creme de la Creme is based in Hasselt, Belgium.

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Buyer(S) 1

Buyer

Greenyard

Sint-Katelijne-Waver, Belgium

Category Company
Founded 1965
Sector Food
Employees8,689
Revenue 5.1B EUR (2024)
DESCRIPTION

Greenyard produces and sells fresh and prepared fruits and vegetables, flowers and plants, fresh logistic services and growing media. Counting the majority of Europe’s leading retailers amongst its customer base, the group provides efficient and sustainable solutions to customers and suppliers through best-in-class products, market-leading innovation, operational excellence and outstanding service. Greenyard was founded in 1965 and is based in Sint-Katelijne-Waver, Belgium.


DEAL STATS #
Overall 3 of 3
Sector (Food) 3 of 3
Type (Add-on Acquisition) 3 of 3
Country (Belgium) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-23 GiGi

Wageningen, Netherlands

GiGi transforms pure fruit & vegetable cold-pressed juices into Italian Gelato. It provides delicious and innovative recipes, 100% plant-based and vegan, creamy and easy to scoop, straight from the freezer, every time, lactose-free/Gluten-free/ no chemical-or animal-based additives, high in pure fresh cold-pressed fruits & vegetables, and low-KCal (less than 85Kcal per 100ml). GiGi is based in Wageningen, Netherlands.

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