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Gimv Acquires The Spice Factory to Boost European Expansion

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Gimv Acquires The Spice Factory to Boost European Expansion

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GIMV NV ( (GB:0EKR) ) has provided an update.

Gimv has acquired The Spice Factory (TSF), a leading company in private label dried culinary herbs and spices in the Benelux, marking a strategic move to support TSF’s expansion within Europe. This acquisition aligns with Gimv’s strategy to invest in high-growth consumer companies, enabling TSF to accelerate international growth and innovate further in the competitive market, with anticipated completion by March 2025.

More about GIMV NV

Gimv is a European investment company listed on Euronext Brussels, with 45 years of experience in private equity and venture capital. It has a diverse portfolio valued at over 1.7 billion EUR, comprising approximately 60 companies generating a combined turnover of 4.0 billion EUR and employing over 20,000 professionals. Gimv focuses on five investment platforms: Consumer, Healthcare, Life Sciences, Smart Industries, and Sustainable Cities, operating primarily in Benelux, France, and DACH regions.

YTD Price Performance: -5.49%

Average Trading Volume: 926

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €1.32B

See more data about 0EKR stock on TipRanks’ Stock Analysis page.

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