CIBE CV’s acquisition of Citrique Belge from German investment fund ADCURAM Group

Eubelius has assisted German investment fund ADCURAM Group with the disposal of its Belgian portfolio company SA Citrique Belge to Dutch investor CIBE CV.

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 (picture) and Erik Voets.

Involved fees earner: Erwin Destuyver – Eubelius; Erik Voets – Eubelius;

Law Firms: Eubelius;

Clients: ADCURAM Group AG;