Gimv’s Verbinnen winds up

Verbinnen said in a statement that despite ongoing efforts to preserve liquidity and reposition the company within the industry, and after intensive discussions with potential buyers, the attempts had not been successful.

Gimv acquired an 80% stake in Verbinnen Poultry Group in 2007. The total loss of this investment had no additional impact on the last published equity value of Gimv at 31 December 2012, the GP stated. Gimv recently sold its stake in Salsa Food Group, which it said made a "negative return".

 

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