Stijn deVreeze

MercuryFlooring, the European market leader in needlefelt and contract carpet, has completed a management buy-out in which the four-member management team acquired the shares of the company. This strategic transaction ensures the continuity of MercuryFlooring’s vision and lays the foundation for further growth, innovation, and international expansion. VDP acted as exclusive financial advisor to MercuryFlooring in this transaction.

Logi-Signs, a specialist in visual signage and safety solutions for warehouses, has been acquired by Antwerp-based investment firm Roots Transition Partners. This strategic acquisition ensures the company’s continuity while also supporting its further professionalization and growth. VDP acted as the exclusive advisor to Logi-Signs.

Nestor, the Benelux market leader in staffing for 60+ and retirees, welcomes Down 2 Earth Capital as a new strategic partner. With continued support from Integra Partners, this collaboration will accelerate expansion across Europe.While Down2Earth makes its entrance, all existing shareholders remain on board.

Founded in 1998, CBS Beton has grown to become a key player in precast concrete elements, used in (public) infrastructure works, agriculture, landscaping and more. The company has a leading position in Belgium and France, and is also active in the Netherlands and Germany. To expand its production capacity and further strengthen its position in the Netherlands and Germany - either organically or through acquisitions - the company has brought Gilde Equity Management on board. Gilde Equity Management manages EUR 2 billion in assets and is already active in the concrete industry through portfolio companies Excluton and Schellevis®. The company generates nearly EUR 60 million in sales and EUR 12 million EBITDA. VDP acted as advisor to the Sellers.

Loda, manufacturer and distributor of cleaning and maintenance products for the retail market, marks a new chapter in its growth trajectory. The company is facing a new round of investment due to increasing demand and the drive for geographical expansion. To achieve this growth, Loda sought a sounding board and supportive shareholder. The company found a new partner with the investment company Down2Earth which now acquires a solid majority of the company. VDP acted as the exclusive advisor to Loda. Loda: Dating back almost a century, Loda is engaged in the production, filling and distribution of cleaning and maintenance products for the retail sector. Hans Geerts took over the company in 1996 and expanded its customer portfolio, production capacity and product range. At the end of 2023, the company had a turnover of c.a. €20 million and employed more than 30 people. For more information: www.loda.be Down 2 Earth: The investment fund Down2Earth was founded in 2013. Due to its great success, a second fund followed in 2018, combining years of successful experience in Private Equity with industrial expertise. For more information, visit: www.d2e.be

Transaction: Meutabel is a strategic addition to the group of an MBI, which already includes Hemalu and Alu De Jaeghere, to further expand its expertise in aluminum and PVC windows and doors. VDP acted as advisor to Meutabel. Meutabel: Meutabel, a family-run business founded in 2009, is a specialist in custom aluminum joinery, specifically facades, windows, and doors for the project industry. For more information:https://www.meutabel.com

Plastivan is a Belgian manufacturer with more than 50 years of experience. With various production sites and sales offices at home and abroad, Plastivan is a leading manufacturer in the extrusion of PVC and WPC building profiles (own brands include Duofuse, Durasid, Beltecto and Cascade).Fedrus International, a family-owned Belgium-based international building materials group, is active in the production and distribution of roof and façade materials for the European market.VDP acted as advisor to Plastivan.