After acquiring French bakery giant Délifrance, Belgian family-owned business Vandemoortele has searched and found 100 million euros in a new capital round funding.
Time to consolidate acquisitions
Four Belgian investment funds took part in the so-called mezzanine financing, by means of a subordinated loan. Tikehau Capital and the Belgian Resilience Fund each contributed thirty million euros, while PMV and the ‘Welvaartsfonds’ are adding twenty million euros each, L’Echo reports.
