M&A Deal Summary

Greenyard Acquires GiGi

On May 23, 2023, Greenyard acquired food company GiGi

Acquisition Highlights
  • This is Greenyard’s 2nd transaction in the Food sector.
  • This is Greenyard’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2023-05-23
Target GiGi
Sector Food
Buyer(s) Greenyard
Deal Type Add-on Acquisition

Target

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.

Search 215,058 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Greenyard

Sint-Katelijne-Waver, Belgium

Category Company
Founded 1965
Sector Food
Revenue 5.4B EUR (2025)
DESCRIPTION

Greenyard produces and sells fresh and prepared fruits and vegetables, flowers and plants, fresh logistic services, and growing media. It 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 2 of 3
Sector: Food M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Netherlands M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 Zolve

Torres Novas, Portugal

Zolve is one of the main players in temperature-controlled logistics market. Operating two multi-temperature logistic platforms, it provides services for a diversified client base in retail, industry and aviation business, with a strong focus on perishable food products. Zolve was founded in 2001 and is based in Torres Novas, Portugal.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-18 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.

Buy -