Announced
Completed
Financials
Sources
Tags
Belgium
Brewers
Public
Domestic
Friendly
Completed
Private Equity
Acquisition
Minority
Single Bidder
beverage
Synopsis
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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