Oct 16, 2015

Private Equity Firm Becomes Majority Shareholder of Dümmen OrangeSource: Dümmen Orange

Dümmen Orange recently announced that BC Partners, a European private equity firm, has acquired the majority of the shares in the breeding company.

Final closing of the deal is subject to regulatory approvals and is expected in the coming months. The management will continue in their present role as invested managers.

Biense Visser, Dümmen Orange’s CEO said, “The new majority shareholder – BC Partners – is a well-respected and distinguished private equity company with a hands on business approach. Their track record as an investor is successful. They have supported many companies in reaching their full potential. As management, we have built a good understanding with them during the last period and we are pleased to see that their trust in our company is big. BC Partners will support Dümmen Orange to further grow and professionalize the company in line with the chosen strategy.”

Jean-Baptiste Wautier, managing partner at BC Partners, said, “Dümmen Orange is a thriving, innovative and growing business, led by a talented and experienced management team, which has an impressive track-record in floriculture and related sectors. We look forward to backing them as they pursue an ambitious growth strategy, fueled by investments in sales & marketing, advances in breeding technologies and selective acquisitions.”