Some Case Studies

Companies with growth or improvement potential. That is what we prefer. Irrespective of the sector, we invest in companies and projects with a history and a future.

Foresco Packaging

STATUS

Investment since 2009

SECTOR

Industrial packaging (production)

REVENUE

65 million euros

ACTIONS

From loss-making family business to sustainable growth. Includes six add-on acquisitions. Thanks to an ambitious and professional approach, Foresco has grown into a clear market leader in customised transport packaging (boxes, crates, pallets in wood and cardboard).

www.foresco.be

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Phoenix Pallets

STATUS

Investment since 2020

SECTOR

Wooden pallets & packaging (production)

REVENUE

60 million euros

ACTIONS

Carve-out of 4 Dutch and Belgian pallet production companies (Phoenix Pallets, Faber Pallets, Packaging Partners and Pasec). The Belgian activities will be integrated in Foresco; the Dutch activities continue to operate standalone. The combined group clearly becomes one of Benelux' largest producers of wooden packaging.

Arseus Medical

STATUS

Investment since 2014

Sector

Medical equipment (distribution)

Revenue

40 million euros

Actions

Carve-out from an international corporate, followed by long-term investments to strengthen organic growth and various add-on acquisitions. The result is market leadership in various niches of distribution in healthcare. GIMV is co-owner since 2017, with the aim of accelerating the buy and build strategy and international expansion.

www.arseus-medical.be

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LivWise

STATUS

Investment since 2018

SECTOR

Kitchen and home accessories (production & distribution)

REVENUE

25 million euros

ACTIONS

Accelerate growth strategy through further expansion and internationalisation of own brands (Point-Virgule and Barbecook), supported by scale-up of distribution activities in Benelux, eg through 2 add-on acquisitions.

www.livwise.be

Rycobel

STATUS

Investment since 2020

SECTOR

Testing equipment

REVENUE

15 million euros

ACTIONS

Continue the growth story together with management. Expand sales and presence to new countries, broaden the own Rycolab range and pursue buy & build in existing and new segments. 

www.rycobel.com

Dynamica Real Estate

STATUS

Investment since 2017

Sector

Real estate

UNITS IN DEVELOPMENT

More than 150

Actions

Redevelopment of existing real estate into new apartments in the Antwerp region. Thanks to Dynamica, the number of developments was increased and activities will expand to other cities.

logo Dynamica Real Estate
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Gigue

STATUS

Investment between 2011 and 2017

SECTOR

Ladies' fashion (production)

REVENUE

10 million euros

ACTIONS

Renewed growth of a successful but stagnating fashion brand through rejuvenation of the brand, investments in marketing and strengthening of the team. Attracted new multi-brand customers, opened new flagship stores, launched professional webshop and international expansion. Sold in 2017.

www.gigue.com

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