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Euro Fresh Foods (‘EFF’) is strengthening its shareholder base with the investment of Heylen Group, bringing a strong additional long-term shareholder on board. Together with the current shareholder Think2Act and the management, Heylen Group will support the company’s future growth.
Euro Fresh Foods is the leading distribution partner for established European dairy producers and supermarket chains. The company was founded by the Goossens family in 1945 and has since built up more than 75 years of expertise in cold chain logistics, and with it extremely solid partnerships across the entire dairy value chain.
EFF markets a wide range of dairy products from more than 30 European suppliers. The company has a clear go-to-market strategy and specialises in sourcing private labels and C-brands for food retailers and foodservice customers, helping them strengthen their dairy offering and market position.
The existing shareholders were advised by PwC M&A.
Jo Breesch, Think2Act: “Looking back on the past 10 years of our collaboration with Euro Fresh Foods, we are very proud of our journey and the growth we have achieved with the Goossens family. We are very much looking forward to joining forces with Heylen Group to take Euro Fresh Foods to the next level.”
Seppe Onsea, Heylen Group: “We are delighted to enter into this partnership with Think2Act and the management team to further develop one of the leading distributors and category leaders in the private label dairy segment. In recent years, the Goossens family and Think2Act have significantly expanded the product portfolio and created a highly efficient cold chain logistics player. Together, we will now build on this strong foundation to strengthen Euro Fresh Foods’ position in Europe.”
About Heylen Group
Heylen Group is a Belgian industrial holding company that invests in ambitious companies and entrepreneurs. The group follows a buy-build-and-hold strategy centred on innovation, internationalisation and operational excellence. Heylen Group was founded 21 years ago by a born entrepreneur, Wim Heylen. Thanks to a clear vision and a highly motivated team, Heylen Group has grown into a holding company of 32 businesses with around 2,800 employees. Thinking across generations forms the backbone of Heylen Group’s DNA. The combination of driven entrepreneurship, a long-term vision and a presence in various countries and sectors makes Heylen Group’s business model flexible, resilient and future-proof.
About Think2Act
Think2Act is a Belgian investment company focused on profitable Belgian and Dutch SMEs that hold a strong or leading position in their market and have both the opportunity and the ambition to grow their business further. Think2Act acts as an engaged shareholder, actively supporting, challenging and inspiring its companies and management teams in realising their ambitions. As Think2Act is structured as an open-ended fund, it has no predetermined ‘exit’ horizon and therefore acts as a medium- to long-term investor. Think2Act’s ultimate goal is to achieve sustainable growth within its portfolio companies, both organically and through acquisitions.
More information about EFF: https://www.eff.be/
More information about Think2Act: https://think2act.be/