Den Berk Délice Accelerates Growth with Egeria Partnership

Deal News | Jan 08, 2025 | Egeria Capital Management

Den Berk Délice Accelerates Growth with Egeria Partnership

Den Berk Délice has entered into a strategic partnership with Egeria Capital Management, marking a significant growth phase for the tomato market leader in Northern and Western Europe. The partnership aims to expand Den Berk Délice's operations through both organic growth and strategic acquisitions, emphasizing further development in Morocco and expansion of its client base among top European retailers. Egeria, an independent investment firm from the Netherlands, has acquired a majority stake in Den Berk Délice. The original shareholders will retain a significant interest and continue to collaborate with Egeria to drive Den Berk Délice's development. Den Berk Délice operates eight high-tech greenhouses across 80 hectares, emphasizing sustainable cultivation methods. Notably, their recent Moroccan expansion will help meet year-round demand from European retail partners. Egeria manages a portfolio with a combined turnover of EUR 2.5 billion. Oaklins acted as the exclusive advisor for Den Berk Délice, while Beyers Advisory guided the shareholders during the transaction process.

Sectors

  • Agriculture
  • Private Equity
  • Retail

Geography

  • Belgium – Den Berk Délice is based in Hoogstraten, Belgium.
  • Netherlands – Egeria Capital Management is headquartered in the Netherlands.
  • Morocco – Den Berk Délice has recently launched operations in Morocco to ensure year-round production.
  • Europe – Den Berk Délice aims to expand its footprint across leading European retailers.

Industry

  • Agriculture – Den Berk Délice is a leader in specialty tomato production with a focus on sustainable cultivation technologies.
  • Private Equity – Egeria Capital Management is a private equity firm investing in mid-sized companies, acquiring a majority stake in Den Berk Délice.
  • Retail – Den Berk Délice focuses on expanding its client base among top European retailers and operates year-round to meet their demands.

Financials

  • EUR 150 million – Annual turnover for Den Berk Délice.
  • EUR 2.5 billion – Combined turnover of companies in Egeria's portfolio.
  • EUR 50 million to EUR 350 million – Enterprise value range for companies Egeria typically invests in.

Participants

NameRoleTypeDescription
Den Berk DéliceTargetCompanyA leader in the specialty tomatoes market in Europe, focusing on sustainable cultivation and retail partnerships.
Egeria Capital ManagementBidding CompanybuyerCompanyAn independent investment firm based in the Netherlands, specializing in medium-sized companies.
OaklinsCorporate Finance AdvisorCompanyServed as exclusive advisor in the search for a strategic partner for Den Berk Délice.
Beyers AdvisoryStrategic-Financial AdvisorCompanyGuided the shareholders of Den Berk Délice and served as an advisor throughout the transaction process.