Drylock Technologies / Sofina
Bart Van Malderen, founder and CEO of Drylock Technologies, has opened up the capital of the company to a new investor to fund his expansion plans.
Drylock Technologies is a manufacturer of hygiene products (diapers, pads and panty liners) with focus on baby care, feminine care and adult care. Drylock Technologies is headquartered in Zele, Belgium, and is a family-owned company led by Chairman and CEO Bart Van Malderen. The company employs over 2,500 people worldwide and has production facilities in Russia, Italy, Czech Republic, Spain, USA and Brazil. Sustainability is at the core of Drylock’s operations which translates into innovation within the company’s product segments to better meet the needs of customers.
Société Financière de Transports et d’Entreprises Industrielles (Sofina) is a Belgian holding company headquartered in Brussels. It is a family-run and controlled investment company with equity holdings in Europe, USA and Asia across many sectors with a particular focus on consumer goods, digital, education and healthcare. Sofina aspires to be the preferred partner of entrepreneurs and families who lead growing companies by backing them with patient capital and supportive advice.
Oaklins’ team in Belgium advised Bart Van Malderen, founder and CEO of Drylock Technologies.
“We are immensely grateful for the hard work and expertise we received from finnCap in securing this fundraise. Zuleika’s knowledge and communication skills were outstanding. It is the first time we have raised external funds so we were heavily reliant on their introductions, all of which were a good fit for Ro&Zo. Zuleika’s guidance through the process was exemplary. We are delighted to have chosen Pembroke as our new shareholders and look forward to a long relationship with them as we continue our growth strategy.”
“On behalf of all of the shareholders at Peach, a huge thank you to the team at finnCap Cavendish – they have done a great job. With the unprecedented macro back-drop that we have all been experiencing, we needed an adviser who was thoughtful, tenacious and prepared to go the extra mile. We got of all this in spades from the finnCap Cavendish team and it has been a pleasure to work with them. We would not hesitate to recommend them to other business founders and entrepreneurs who are in need of experience-led judgement and advice.”
“I would also like to thank the team at finnCap Cavendish. They have done a great job in finding us the right buyer and running a smart and efficient process. Their support throughout has been excellent and combined with their commercial approach and sector knowledge, they have made great advisers for us.”
“Joe Stelzer and his team at finnCap Cavendish were the perfect partners as we navigated this exciting next step for the group. The firm’s wealth of expertise in advising entrepreneurial growth businesses, partnered with their quality of service and professionalism was invaluable and helped make this deal function as smoothly as possible.”
“This transaction is huge for our business as we look to continue our growth journey. We’re very excited to have raised enough capital from a leading impact investor to expand our market-leading position and maintain standards of excellence across all our products. We’re hugely grateful to the team at finnCap, who played a fundamental role, in what we hope, will be a very exciting growth story.”
“We are delighted with the support received from the finnCap Cavendish team throughout this process. Mike and the team ensured that we prepared meticulously, identified the right pool of potential investors and worked closely with us, the management team and our legal advisers to deliver a great outcome for the Shareholders. We wish the Intelling team and RDCP all the best in their next phase of growth.”
“I would like to thank all of those involved in the process that has concluded with us ultimately choosing Neighborly as our partner going forward, those at finnCap Cavendish and our CFO Mike Bergin, without whom this would have not happened.”
Thank you to the Cavendish team for your unwavering support throughout this process. Finding a strategic overseas partner to allow me to realise my global ambition was my number one aim, and this has been achieved. In the current market the result you have delivered is exceptional.
“The completion of the Nactis deal took years, from beginning to completion, for many reasons that were mostly out of our control. Oaklins’ team in Italy accompanied us in this process – from the initial contact to closing – with professionalism, patience and many proactive proposals. Without their cooperation, the deal would never have happened.”
It was a great pleasure to work with the Cavendish team again having originally worked with them when we sold Naked Wines to Majestic Wine in 2015. John, Rebecca and the team rigorously assessed the market to find the right new owner for a business with dedicated staff and suppliers and the right deal to achieve Naked’s goal of realising capital and simplifying the business.
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