M&A Deal Summary

Quva Acquires Aalterpaint

On May 31, 2022, private equity firm Quva acquired chemicals company Aalterpaint from Creafund

Acquisition Highlights
  • This is Quva’s 1st transaction in the Chemicals sector.
  • This is Quva’s 1st transaction in Belgium.

M&A Deal Summary

Date 2022-05-31
Target Aalterpaint
Sector Chemicals
Buyer(s) Quva
Sellers(s) Creafund
Deal Type Secondary Buyout

Target

Aalterpaint

Lakeland, Belgium
Aalterpaint is a European provider of customized functional coating solutions for specialized industrial applications in metal packaging, protective, and general industrial segments. Aalterpaint was formed in 1962 and is based in Lakeland, 9880, Belgium.

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Buyer(S) 1

Buyer
DESCRIPTION

Quva is a private equity firm focused on medium to large B2B businesses. The Firm seeks to invest in mature industrial companies based in Belgium, the Netherlands, Germany, Austria, Switzerland or the UK. Quva was founded in 2021 and is headquartered in Kortrijk, Belgium.


DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 1 of 1
Type: Secondary Buyout M&A Deals 2 of 2
Country: Belgium M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-06 ConDoor Door Solutions

Zeewolde, Netherlands

ConDoor Door Solutions is a manufacturer of industrial and residential overhead doors with two production facilities in the Netherlands and one in Hungary. The company sells its products throughout Europe via a large network of independent dealers in more than 40 countries. ConDoor Door Solutions was founded in 1997 and is based in Zeewolde, Netherlands.

Buy -

Seller(S) 1

SELLER

Creafund

Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2001
PE ASSETS 300M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Creafund is a private holding company that looks to acquire majority stakes in mature Belgian companies. Creafund takes majority stakes of between €5 and €25m in Belgian SMEs, being companies with EBITDA of between €2.5m and €25m, alongside entrepreneurs, family shareholders, and management. Prospective transaction situations include growth capital financings, buyouts, and consolidations. Creafund was formed in 2001 and is based in Sint-Martens-Latem, Belgium.


DEAL STATS #
Overall 2 of 2
Sector: Chemicals M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: Belgium M&A 2 of 2
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-06 Sitra Group

Ypres, Belgium

Sitra Group is a specialist in logistical solutions for food products and transport and handles products in liquid, packaged, or powder form within Europe and Russia and organizes both inflow and outflow. Sitra Group was established in 1962 and is based in Ypres, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-03 Coeman Packaging

Waregem, Belgium

Coeman Packaging is a provider of industrial packaging solutions, specializing in customized packaging materials, machines, and services to optimize packing processes and protect goods during transport. Coeman Packaging is based in Waregem, Belgium.

Buy -