The EY Law M&A team, acting alongside the EY TAS team, successfully assisted the family shareholders of Belgian Decoline within the framework of the sale to Renardmont, a Limburg (Belgium) based recently established private equity player. The EY Law team members involved in this transaction are M&A practice head Tom Swinnen and Delphine Vandenabeele.
Decoline is a renowned company, headquartered in Pelt (Belgium), with a large variety of window coverings for both homes and businesses.
Renardmont is a Limburg (Belgium) based private equity player targeting companies with a positive cashflow, growth potential and between EUR 500k and EUR 2m EBITDA. With the recent acquisition of Decoline, Renardmont closes its very first investment.
For more details, see the article published in De Tijd (only available in Dutch): Hasselts groeifonds koopt ‘Limburgse Parel’