The Adriaanse family has sold a majority of its shareholding in EDCO Group to Gilde Buy Out Partners. The Adriaanse family will hold a significant minority shareholding.
EDCO is a fast-growing and European leading distributor of branded and private label non-food FMCG products to a wide variety of retailers. Over the last years, EDCO has transformed from a trading business to a value-added multicategory distributor with a significantly increased focus on brands and retail concepts.
The European market for distributors is fragmented and set for further consolidation. EDCO foresees to play an active role in this respect. With Gilde as a strategic partner, both shareholders will significantly invest to facilitate EDCO’s ambitious growth plans and to take the company to the next level.
Gilde Buy Out Partners is a leading European private equity investor in mid-market transactions with operations in the DACH region, the Benelux and Italy. Gilde manages funds in excess of EUR 3 billion and has offices in Utrecht, Brussels, Frankfurt, Zurich, and Milan. Since its inception in 1982, Gilde has supported more than 250 companies to realise their growth ambitions.