Dutch investment firm Egeria has secured a majority stake in Den Berk Délice, a prominent tomato supplier based in Belgium.
While the financial terms of the transaction remain undisclosed, Egeria has affirmed that this investment aims to propel Den Berk Délice into its “next growth phase.” In doing so, it marks an important milestone in Den Berk Délice’s strategy to expand its footprint across Europe and fortify its position in the specialty tomato market.
The firm, which specializes in mid-sized companies across Europe and the US, acquired the majority stake from Den Berk Délice’s existing shareholders. Importantly, these shareholders will “retain a substantial interest” in the business.
Founded in 2014 by Luc Beirinckx, Koen Lauwerysen, Paul Van de Mierop, and Hans van Gool, Den Berk Délice serves the northern and western European markets.
The company is affiliated with Coöperatie Hoogstraten, which plays a critical role in marketing and selling its products.
Den Berk Délice operates eight greenhouses across a total area of 80 hectares, utilizing advanced cultivation methods, including LED lighting and e-boilers.
The group reports an annual turnover of approximately €150 million ($155.4 million) and employs around 900 individuals, including seasonal staff.
Their diverse tomato varieties include Kumato, Yoom Délice, and Miss Perfect cherry tomatoes.
In December, Den Berk Délice further expanded its operations by opening its first international cultivation site in Agadir, Morocco. This strategic move aims to fulfill year-round demand and provide enhanced service to their European retail partners.
“This step enables us to produce delicious, flavourful tomatoes even during the winter months, further strengthening our position as a reliable partner for the retail market,” the company stated.
The new site focuses on producing baby plum tomatoes.
With Egeria’s involvement, the investment is expected to facilitate further “strategic acquisitions,” as indicated in the announcement of the deal.
Egeria’s portfolio also includes Meyer Menü, a leading German supplier providing meals-on-wheels services to workplaces, schools, and daycare centers.