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Announced

Completed

BNP Paribas Fortis completed the acquisition of 27% stake in Konings.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For27%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Belgium

Brewers

Public

Domestic

Friendly

Completed

Private Equity

Acquisition

Minority

Single Bidder

beverage

Synopsis

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BNP Paribas Fortis, a total package of financial services provider, completed the acquisition of 27% stake in Konings, a co-packing and the production of juices, ciders, soft drinks, beers, wines, and distilled products partner. Financial terms were not disclosed. "We were looking for an experienced, reliable long-term partner to support us financially, so that we can continue to pursue our sustainable growth ambitions on an international scale. It was also essential for us to be able to keep working with the current management team on an operational level. We are convinced we have found the right partner in BNP Paribas Fortis Private Equity. It has all the right expertise to help us to achieve our long-term goals," Dirk Maris, Konings Shareholder.

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