Vallis Sustainable Investments II Fund, in partnership with the management team Vítor Figueiredo and Manuel Rodríguez, is pleased to inform that it has reached an agreement with the Belgian multinational group Greenyard (Euronext Brussels: GREEN) for the acquisition of 100% of the capital of Greenyard Logistics Portugal.
Greenyard Logistics Portugal is one of the main references in the temperature-controlled logistics sector in Portugal, providing specialized services for storage, transport and value-added operations, especially in the area of perishable food products.
Founded in 2001, Greenyard Logistics Portugal has grown significantly in recent years. It currently employs more than 280 people and operates two multi-temperature logistics platforms: one in Riachos (only 100 km from Lisbon), and a second in the North of Portugal, where it is currently expanding its capacity.
Recognized by high-quality services provided, Greenyard Logistics Portugal has been expanding its customer base and the range of services provided.
With this partnership between Vallis Sustainable Investments II Fund and the Management Team, Vítor Figueiredo and Manuel Rodríguez, who will remain in the Executive leadership of the Company, Greenyard Logistics Portugal aims to continue the organic growth strategy pursued in the domestic market, and to take advantage of existing inorganic growth opportunities, asserting itself more and more as the partner par excellence in the temperature-controlled logistics market, offering flexible and integrated logistics solutions.
The present transaction is, under the terms of the law, subject to the decision of non-opposition by the Competition Authority.
About Greenyard Logistics Portugal:
Greenyard Logistics Portugal operates since 2001 in Portugal, being one of the main players in temperature-controlled logistics market. Operating two multi-temperature logistic platforms, it provides services for a diversified client base in retail, industry and aviation business, with a strong focus on perishable food products.
https://www.greenyardlogistics.pt/
About Vallis Sustainable Investments II Fund:
The Fund Vallis Sustainable Investments II, regulated by the CMVM, is the second Private Equity growth-oriented investment fund sponsored by Vallis Capital Partners., with a target fund size of 150 million Euros. This Fund, launched in 2019, succeeds Vallis Sustainable Investments I, with a capitalization of 75 million Euros.
The Fund acts in accordance with Socially Responsible criteria, prioritizing in its investment strategy, companies placed in market segments with high growth potential.
This transaction benefits from the support of the European Union under the Equity Facility for Growth established under Regulation (EU) No 1287/2013 of the European Parliament and the Council establishing a Programme for the Competitiveness of Enterprises and small and medium enterprises (COSME) (2014-2020), as well as from the support of the EGF (Pan European Guarantee Fund), implemented by the European Investment Fund with the financial support of the participating member states. In addition, the operation was cofinanced by the Fundo de Capital e Quase Capital (FC&QC) and by the Fundo de Fundos para a Internacionalização (FFI), both managed by Banco Português de Fomento, S.A.
About Greenyard (Euronext Brussels: GREEN):
Greenyard (Euronext Brussels: GREEN) is a global market leader of fresh, frozen and prepared fruit & vegetables, flowers and plants. Counting Europe’s leading retailers amongst its customer base, Greenyard provides efficient and sustainable solutions to customers and suppliers through best-in-class products, market leading innovation, operational excellence and outstanding service. With ca. 9,000 employees operating in 25 countries worldwide, Greenyard identifies its people and key customer and supplier relationships as the key assets which enable it to deliver goods and services worth ca. € 4 billion per annum.
