Mid-market transactions. Local expertise. Global reach.

Advisers to UK beauty incubator, SLG Brands, on the sale of two of its brands to consumer goods company, Thriving Brands.

The transaction involves the sale of a majority equity stake in La Industria Harinera to Industrial Danec, in which ALPAX acted as the exclusive Financial Advisor to the shareholders of La Industria Harinera. La Industria Harinera is an Ecuadorian company with over 85 years of history, dedicated to wheat milling and the production of flour, premixes, and artisanal cookies. It is best known for its Santa Lucía brand—a staple in Ecuadorian households—alongside other well-recognized names such as Delipan, BB, and Lucy. The acquisition of La Industria Harinera is a strategic step in Industrial Danec’s diversification plan, strengthening its positioning in the food sector. The transaction was completed following approval by regulatory authorities.

Italdeli, a Belgian distributor of Italian delicacies, has entered into a strategic merger with Stival, a specialist in premium Italian products with a strong presence in Wallonia. The merger is driven by clear geographic complementarity as well as a synergy in their product portfolios. By joining forces, the two companies create a unique combination of expertise, network, and assortment, enabling them to better serve their customers and strengthen their market position across Belgium. VDP acted as exclusive advisor to Italdeli.

Dossche Mills, one of Europe’s largest milling companies, is strengthening its position in Belgium through the acquisition of Molens T’Kindt, a renowned producer of high-quality flour and milling products. This strategic step aligns perfectly with Dossche Mills’ long-term vision focused on quality, customer-centricity, and growth within the industrial segment. Molens T’Kindt, based in Kerkhove, is known for its sustainable production methods, modern technologies, and reliable service. The acquisition ensures continuity for customers and opens up new opportunities for both companies. VDP acted as exclusive advisor to Molens T’Kindt.

ALPAX acted as the exclusive Financial Advisor to Vita Alimentos in the acquisition of 100% of the shares of Delcampo (“La Holandesa”). With this transaction, Vita Alimentos strengthens its strategic presence in the Ecuadorian dairy market and expands its participation in the cheese segment. Vita Alimentos and La Holandesa will continue offering high-quality products that have become part of thousands of Ecuadorian households, with a shared commitment to consumer well-being and sustainable business growth. Vita is an iconic brand in the Ecuadorian food industry, ranked among the country’s top three most recognized mass-consumption brands. With over 65 years of experience, it offers a comprehensive portfolio of dairy products. Through the incorporation of La Holandesa, Vita reinforces its position in the cheese and dairy beverage segment, adding a highly recognized brand and a team with extensive industry experience. The transaction was approved by the Superintendence of Market Power Control of Ecuador.

Advisers to fishing and seafood processing business, Ocean Fish Group, on its sale to international fishing operator, Fortuna.

The transaction consists of the sale of 100% of the shares of Fabrilacteos Cía. Ltda. (“Fabrilacteos”) to Estrid S.A. (“Estridsa”). Fabrilacteos is a company with more than 40 years of history, based in Quito, dedicated to the production of impulse ice creams that are sold through the traditional trade channel. Fabrilacteos sells its ice creams under the “Jotaerre” brand, and its portfolio includes a wide variety of flavors and formats, including popsicles, cones, and ice cream sandwiches. Estridsa is a Guayaquil-based company also focused on the production of ice creams under the Gino’s brand, which are primarily sold in Ecuador’s coastal region. The transaction allows Estridsa to gain more scale, generate efficiencies, and expand its geographic coverage. Alpax acted as the exclusive Financial Advisor to the Shareholders of Fabrilacteos.

Yefira advised XPO Brands in their sale to Mountaingate Capital-backed The Mars Agency. That transaction was based on enterprise value and involved the payment of an upfront cash component as well as Units in the Delaware-based holding company. In mid-2024, The Mars Agency along with all its portfolio companies, including XPO Brands were rebranded into Mars United Commerce, which was subsequently acquired by Publicis Groupe. This transaction is valued at greater than US$600 million. This follows Publicis Groupe's acquisition of Epsilon and Profitero in this space and provides end-to-end commerce solutions for their clients. In the process, Yefira has established a strong relationship with Mountaingate Capital, which has a diverse range of investments in the consumer space, healthcare, manufacturing, distribution, and business service sectors. No doubt, our US members may have their own strong relationship with Mountaingate Capital, but if we can be of any assistance in developing a relationship with Mountaingate Capital or any of their portfolio companies, we would be happy to assist.

BNP Paribas Fortis Private Equity and Charles Leclef have sold their 100% stake in Het Anker to Brouwerij Huyghe. Het Anker is a Belgian family brewery and distillery with a strong heritage value and a history dating back to the 15th century. Its range consists of 17 beer brands, including Gouden Carolus, La Cambre and Maneblusser, and eight fine whiskies, which are exported to over 30 countries. Brouwerij Huyghe is a leading Belgian brewery with a rich history as a four-generation family business. The company focuses on the premium beer segment, with Delirium as its world-renowned flagship brand that has won more than 150 awards since 2000. Huyghe Brewery's diverse portfolio includes 14 brands and 41 beer varieties.Brouwerij Huyghe is ideally positioned to increase Het Anker’s beers worldwide presence in a sustainably way thanks to its extensive export network and high sustainability focus, while respecting the individuality of each brand.VDP acted as advisor to the Sellers.

4kraft, owner of an internationally recognizable brand – Kinderkraft, is one of the European leaders in sales of baby products, such as strollers, balancebikes, car seats, and baby furniture. The Company has a 10+ years history of operating a recognizable children products brand and is one of the key players in the sector - it offers quality products at competitive prices. Distribution is being carried out mainly through online channels but traditional sales channels as well. 4kraft received numerous awards and certificates confirming high quality and safety of its products. In the financial year 2023, the Company generated revenues of EUR 90 million and EBITDA of EUR 7.7 milion (gross margin 36%). In 2024, 4kraft expects to growth generating revenues of EUR 101 million and EBITDA of EUR 10.6 milion. The subject of the transaction is the sale of a majority stake in 4kraft, while the co-founder and CEO intends to stay in the Company atfer the transaction.

YES Corporate Finance (“YES CF”) supported the shareholder Van de Water Seafood (“VDWS”) in the establishment of the Joint Venture ‘Yerseke Fresh Fish Company B.V.’

Unger Enterprises is a premier global innovator in professional cleaning tools and solutions. Headquartered in Bridgeport, CT, the Company serves a wide range of commercial markets, including janitorial, hospitality, healthcare, and foodservice. Known for its high-quality window cleaning systems, floor care tools, and restroom cleaning solutions, Unger’s products are trusted by professionals in more than 80 countries worldwide. Michael Carter, CMG’s Managing Partner, commented, “For CMG, it was a privilege to advise the second generation on both the purchase of the Company from their parents in 1995 and, years later, on the Company’s successful sale. Over the course of our 30 year relationship, CMG advised Unger and is proud to have acted as the chief exit advisor to the family on the successful sale of the business to BISSELL."