Announced

Gimv to acquire a majority stake in Alpine.

Synopsis

Gimv, a Belgian European investment company, agreed to acquire a majority stake in Alpine, an international brand in passive, premium consumer hearing protection, from Vendis Capital, an investment firm. Financial terms were not disclosed. “The Consumer investment in Alpine is another proof point that Gimv is willing and able to deploy larger investment tickets in fast-growing, more mature companies, supported by long-term fundamental trends and enabled by a seasoned management team,” Koen Bouckaert, Gimv Consumer Managing Partner.

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