Creafund and private shareholders have sold Aalterpaint to Quva
Aalterpaint
Founded in 1962, Aalterpaint is a leading European provider of customized functional coating solutions for specialized industrial applications in the metal packaging, protective and general industrial segments.
The Deal
Under the ownership of Creafund alongside private shareholders, Aalterpaint established a leading position across three chosen segments through increased focus, geographical roll-out and bolstering of the management team. With Quva as a new shareholder, Aalterpaint will have the support required to further strengthen its leading market positions. Aalterpaint will leverage Quva’s extensive experience in building leading industrial companies and long-term focus to provide its clients with high quality, customized industrial coating solutions.
Our Perspective
Siebrecht Declerck, Managing Director and head of Lincoln International Belgium, commented, “We are delighted to have advised the shareholders of Aalterpaint on this transaction. With Quva as a new shareholder, Aalterpaint has found the right partner to support its growth ambitions.”
Creafund
Creafund is an evergreen holding that invests for the long-term, specializing in buyout and growth capital for mid-sized companies. It was founded in 2001, has backed over 30 companies since its inception and currently has €250 million assets under management. It is co-owned by its management and 50 Flemish entrepreneur families, who mobilize their network, experience, equity and common sense.
Quva
Quva is the recently founded and privately held investment company of the Pascal Vanhalst family. Quva endeavors to be part of sustainable and long-lasting partnerships with entrepreneurs. Other investments include Mateco, Suspa, Abriso-Jiffy, Condoor, Resilux and a 50% stake in TVH Equipment.
Lincoln International's dedicated team, thorough preparation and valuable guidance throughout all stages of the transaction were instrumental in realizing a successful outcome of the process.
Meet our Senior Team
The combination of Lincoln International’s fully-integrated global platform, strong sector expertise and entrepreneurial culture is a critical differentiator as successful businesses increase their focus on international growth through cross-border M&A.
Siebrecht Declerck
Managing Director* | Head of Belgium
Brussels
I am passionate about providing clients the best potential advice and truly believe Lincoln International’s fully integrated global platform, strong sector knowledge and entrepreneurial spirit is a unique differentiator to achieve optimal outcomes for our clients.
Maxime Boudewyns
Vice President*
BrusselsView More Transactions in Chemicals
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.