Closed transaction
Deal details
Transaction:
Frigo has found a reliable partner in Lonki to guarantee the future of the family business. Thanks to the takeover, Lonki’s product range will be further expanded to include lamb, beef, poultry, game and vegetarian products.
VDP acted as advisor to the seller.
Frigo:
Frigo is a meat wholesaler, founded in 1925 in Antwerp. A family business for many generations. Once started with cattle trade, it has since evolved into a dynamic company with a wide range of quality meat. The products are sourced from all over the world and are sold mainly in Belgium and within Europe.
For more information: www.frigo.be/
Lonki:
Lonki is a second-generation family business and a specialist in rabbit meat and related products (ranging from cuts to ready-made preparations). Since its foundation in 1980, Lonki has grown into a team of more than 75 colleagues with a passion for the profession.
In addition to a sustainable business infrastructure and high animal welfare, Lonki attaches great importance to long-term partnerships with customers, suppliers and employees.
For more information: www.lonki.be/
Deal team
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Danny Vannevel
FirmVDP
Danny is his whole career active in M&A, starting in a investment company at GIMV, then switching to the corporate finance department of a leading Belgian accountant, which was taken over by Deloitte.
View profile
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