Loda
Loda joins forces with Down2Earth
Loda, manufacturer and distributor of cleaning and maintenance products for the retail market, marks a new chapter in its growth trajectory.
The company is facing a new round of investment due to increasing demand and the drive for geographical expansion. To achieve this growth, Loda sought a sounding board and supportive shareholder. The company found a new partner with the investment company Down2Earth which now acquires a solid majority of the company.
VDP acted as the exclusive advisor to Loda.
Loda:
Dating back almost a century, Loda is engaged in the production, filling and distribution of cleaning and maintenance products for the retail sector. Hans Geerts took over the company in 1996 and expanded its customer portfolio, production capacity and product range. At the end of 2023, the company had a turnover of c.a. €20 million and employed more than 30 people.
For more information: www.loda.be
Down 2 Earth:
The investment fund Down2Earth was founded in 2013. Due to its great success, a second fund followed in 2018, combining years of successful experience in Private Equity with industrial expertise.
For more information, visit: www.d2e.be
Down2Earth
VDP
VDP stands for Value Driven People (VDP), is a leading Belgian corporate finance boutique that was founded in 1995. VDP has been successfully assisting its clients, companies and their current and future shareholders, in corporate finance projects such as: mergers & acquisitions, buy-outs and divestitures; public and private placements; financial and strategic advice. More specifically, we have been guiding companies through all stages of their growth path. VDPs expertise is based on a firm grasp on all the knowledge areas of corporate finance and years of experience in a wide range of industries and projects. The heart of our services is a personal and professional approach with a strong focus on result.
+32 9 245 17 00
stijn@vdp.be
http://www.vdp.be