CDI Global Advises DeliTruff in Sweet Belgian Chocolate Deal
Assets of DeliTruff NV successfully sold to Breathe Investments BV
Chicago, Illinois & Antwerp, Belgium, (October 15, 2019) —CDI Global, an International M&A Advisory and Corporate Finance firm, is pleased to announce the successful sale of DeliTruff NV assets to financial investor Breathe Investments BV. DeliTruff and its three founders were advised throughout the process by Marc De Clerck, Managing Partner of CDI Global Belgium.
DeliTruff is active in design, manufacturing, packaging and distribution of specialized chocolate truffles. They market their own brands of truffles and offers private label production and packing for other chocolate producers and distributors. DeliTruff sells directly via distributors and agents in Europe and Asia and to other chocolate brands.
CDI Global approached and analyzed a range of strategic and financial investors active in the confectionery and chocolate market in Europe, in order to find the best opportunities available. They successfully managed the entire process including documentation, due diligence, deal structuring and negotiations.
Specializing in providing know-how for cross-border transactions, CDI Global seeks the best fit for each operation to be carried out from the international offices that integrate their network, providing local industry insights and on-location expertise and support.
About CDI Global
CDI Global is an international M&A Advisory and Corporate Finance firm, offering middle-market companies and large, corporate acquirers, strategic advice in mergers and acquisitions (M&A), divestitures, joint ventures, buy-side and sell-side transactions. Additional advisory services include privatization, restructuring, target analysis, valuation, and deal structuring services. Founded in 1973 and having completed over 2000 transactions world-wide, CDI Global maintains 40+ offices in the major financial centers of 30+ countries globally. For more information visit https://www.cdiglobal.com.
Local knowledge, global reach.
Marc De Clerck
Tel : +32 494 560336