Deal Details
Sale to Cobepa S.A.
Summary
Baird served as the financial advisor to Gilde Buy Out Partners on this transaction
About
Brandblock Holding B.V. (“HG” or the “Company”), a portfolio company of Gilde Buy Out Partners (“Gilde”), was recently acquired by Cobepa S.A. ("Cobepa"). Terms of the transaction were not disclosed. HG is a leading European supplier of specialist consumer cleaning and maintenance products marketed under the HG brand name. Already a strong household name in The Netherlands and Belgium, HG continues to expand its sales in, amongst others, food- and DIY-retailers throughout Western Europe with firm footholds in other countries such as the United Kingdom, France, Germany, Spain and Italy. HG manufactures, distributes and sells a comprehensive assortment of over 200 specialty cleaning and maintenance solutions, including products for bathrooms, kitchens, fabrics, gardens, floors and furniture. HG is headquartered in Almere, the Netherlands. Gilde is a leading European private equity investor in mid-market transactions with operations in the DACH region and the Benelux. Gilde manages funds in excess of €3 billion and has offices in Utrecht, Zurich / Frankfurt, and Brussels. Since its inception in 1982, Gilde has invested in over 250 companies across a diverse range of sectors. With €1.1 billion, the current investment fund Gilde Buy Out Fund V is among the largest dedicated mid-market buy-out investment funds in Europe. Gilde is headquartered in Utrecht, the Netherlands. Cobepa is an evergreen investment company with a net worth of €2 billion, with offices in Brussels and New York. Since 2004, its shareholder base is comprised solely of several industrial families thereby providing Cobepa with the stability to have a medium- to long-term investment horizon. Cobepa has gradually and consistently grown its investment portfolio, with a clear focus on investing in national or global leaders operating in growing industries. Cobepa is headquartered in Brussels, Belgium.CONTACT US TO LEARN MORE
- Date
- February 2017
- Company
- Brandblock Holding B.V.
- Transaction
- M&A
- Sectors
- Consumer
- Target Geography
- Europe
- Acquiror Geography
- Europe
Share