Eubelius has assisted German investment fund ADCURAM Group with the disposal of its Belgian portfolio company SA Citrique Belge to Dutch investor CIBE CV. The transaction was closed on 30 November 2016.
SA Citrique Belge, located in Tienen, is a worldwide leader in the production of citric acids and the derivative products. During the financial year 2015 its global turnover amounted to approximately EUR 120 mio.
The Eubelius team for this transaction was led by Erwin Destuyver and Erik Voets.