Ergon buys Beltaste-Vanreusel

The GP drew equity from Ergon Capital Partners III, a €775m buyout fund that held a final close in March 2010.

With Ergon's support, Beltaste plans to expand into new segments and neighbouring countries.

Company
Belgian convenience food producer Beltaste was founded in 1953 and has been owned by the Vanreusel family, now on the third generation, ever since. It is the main supplier to 4,000 Belgian friteries and employs 250 people. The company generated turnover of €43m in 2016, according to publicly available documents.

People
Ergon Capital Partners – Wolfgang de Limburg (managing partner); Pieter Lambrecht (partner).
Beltaste-Vanreusel – Paul-Emmanuel Vanreusel (managing director).

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• Topics
• Buyouts
• Benelux
• Consumer
• Belgium