Yellow Holdings Ltd acquired Greenyard Flowers UK from Greenyard NV for €9.7 million.
October 08, 2019
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Yellow Holdings Ltd acquired Greenyard Flowers UK from Greenyard NV (ENXTBR:GREEN) on October 9, 2019. The transaction is led by Alex Newey and Gilles Deprez. Greenyard Flowers UK partners and the existing management will remain. Oaklins Cavendish acted as financial advisor for Greenyard NV.
Yellow Holdings Ltd completed the acquisition of Greenyard Flowers UK from Greenyard NV (ENXTBR:GREEN) for €9.7 million October 9, 2019. The consideration consist of €5.7 million for the shares and €4.0 million for the debt settlement.
Greenyard NV is a global market leader of fresh, frozen and prepared fruit & vegetables, flowers, and plants. Counting Europe's leading retailers amongst its customer base, the group provides efficient and sustainable solutions to customers and suppliers through best-in-class products, market leading innovation, operational excellence and outstanding service.
The vision is to make lives healthier by helping people enjoy fruit & vegetables at any moment, easy, fast and pleasurable, whilst fostering nature.
With around 8,500 employees, Greenyard NV operates in 19 countries worldwide.
GREENYARD NV 
