Down 2 Earth Capital, a Belgian investment fund, has reached an agreement to sell Gudrun Group.
Founded in 1942 and headquartered in Lier, Belgium, Gudrun Group is known for its artisanal chocolate products and innovative private label solutions for high-end retailers worldwide. The company’s expertise in on-trend product development and sustainability leadership makes it a key player in the premium chocolate segment.
The buyer is Natra, a Spanish chocolate manufacturer owned by CapVest. The deal was announced on September 25, 2024, and is subject to closing conditions.
By joining Natra, Gudrun will enhance its market reach, benefiting from Natra’s global operations, which span six production facilities across Europe and North America. The acquisition will allow both companies to leverage commercial and operational synergies, with Natra expanding its portfolio to include Gudrun’s premium Belgian offerings.
Squarefield acted as the exclusive financial advisor to Down 2 Earth Capital in this transaction.
Picture: Pixabay.com
