July 2016, Novy Investment
Novy, a Belgian manufacturer of cooker hoods located in Kuurne, has a long history. In 2008, Novy celebrated its 100th anniversary. During recent decades, Novy has developed into a flourishing company, employing more than 200 people. Thanks to the high quality of its products, the Belgian manufacturer is market leader in its country and has also established itself as an ambassador of Belgian quality and reliability abroad. (www.novy.be)
About BNP Paribas Fortis Private Equity
BNP Paribas Fortis Private Equity has a long history as a provider of private equity, dating back to the 1980s under the banner of Generale Bank, later Fortis and today BNP Paribas Fortis. BNP Paribas Fortis Private Equity takes minority equity positions in and provides mezzanine financing to medium-sized companies with strong market positions and attractive growth potential. BNP Paribas Fortis Private Equity may also work alongside other co-investors to jointly acquire a majority stake, for instance in a buy-out. Other companies in which BNP Paribas Fortis Private Equity holds a stake include Studio 100, the trend-setting family entertainment group, and Point Chaud, the leading Walloon sandwich and bakery chain.
Sofindev is an independent private equity firm, investing in Belgian small and medium sized enterprises since 1991. The portfolio companies of Sofindev IV are active in (i) the distribution of roofing and façade materials (Fedrus International) and (ii) the development of location-based software solutions (Geodynamics).
Korys is the investment holding of the Colruyt family. The family has been active in the retail sector for over 50 years and grew the Colruyt Group to become one of the most successful food retail and food services companies in Europe. Korys aims to create sustainable value through a diversified portfolio of investments and focuses on sectors in which it has built substantial expertise, such as Consumer Goods and Retail, Renewable Energy and Life Sciences.