Eight Advisory supported Gimv on its acquisition of The Spice Factory
Eight Advisory provided financial buy-side due diligence services to Gimv as part of the transaction
Gimv was founded in Belgium and is a renowned European investment company with extensive experience in private equity and venture capital. Gimv is listed on Euronext Brussels and focuses on identifying entrepreneurial and innovative companies with high growth potential across five investment platforms: Connected Consumer, Life Sciences, Health & Care, Smart Industries and Sustainable Cities.
The Spice Factory was founded in Braine-l’Alleud near Brussels and has become a major player in the herb and spice industry. The company focuses primarily on consumer satisfaction through innovative concepts and high-quality products, particularly in private label and food service solutions.
The acquisition is expected to strengthen Gimv’s position in the food sector by leveraging The Spice Factory’s expertise in herbs and spices to expand its portfolio on the Connected Consumer platform. This strategic move is expected to create synergies between the two companies by combining Gimv’s investment acumen with The Spice Factory’s industry-specific knowledge to drive growth and innovation in the highly competitive food ingredients market.
Eight Advisory team members supporting this transaction:
- Financial due diligence: Pieter Wygaerts (Partner), Joris Peers (Director), Yannick Goris (Manager), Robbe Collage (Senior), Stephan Verhelst (Senior)
