Ter Beke acquires UK based KK Fine Foods Plc

Common Ground Corporate Finance is happy to announce the successful acquisition of UK based KK Fine Foods by Ter Beke NV (Euronext: TERB).

Common Ground acted as the corporate finance advisor for Ter Beke. “Common Ground’s knowledge and experience in the food segment was very instrumental in finding the right target for Ter Beke’s internationalization strategy and in positioning Ter Beke as the best strategic buyer for the further development of KK Fine Foods” says Dirk Goeminne, CEO of Ter Beke.

KK Fine Foods is a passionate, fast moving business built on family values and integrity. KK Fine Foods produces and distributes fresh ready-made meals (frozen) which are sold in the food service and retail markets. With a turnover of 39.3 million EUR in 2016, the company is a major player in the ready meals market and it enjoys double digits growth figures every year.

Ter Beke is an innovative Belgian fresh food group with a wide range of high-quality fresh food products and associated services operating commercially in many European countries. This takeover gives Ter Beke also a firm foothold in the UK market, the largest of its kind for ready meals in Europe.


Marc-Henri Decrop and Pierre Warrant joined as new Partners focusing on Debt&Equity Advisory

Pierre Warrant spent more than 25 years within listed US or European multinational groups active in a variety of sectors (Chemicals, Automotive, Pharmaceuticals, Medical devise, Building materials, Controls). During these years, he built a wealth of expertise in Corporate Treasury, Corporate Finance, Corporate Tax, M&A and international project developments. The last 11 years, he served as Director M&A and Treasury of the Recticel Group.

Marc-Henri Decrop has organized his professional activities around Finance and Corporate Strategy especially in the Business Support services and Leasing sector. For most of his career he was a member of the Group Executive Team of publicly listed D’Ieteren, where he built a wide experience in all aspects of Funding, M&A services and Private Equity.

The Partners of Common Ground Corporate Finance are very excited about this next step. With Pierre and Marc-Henri joining the team, Common Ground Corporate Finance will be able to widen Its industrial and sectorial knowledge, extend its expertise into Debt / Equity Advisory and M&A, and complement its geographical presence with a new office in Brussels.

“At Common Ground Corporate Finance, we have found the Senior Partners who share the same advisory approach and quality standards. With this new team we are able to offer tailored services in M&A, Financing Solutions and International Project Development from start to finish.”, said Marc Henri and Pierre.

Common Ground Corporate Finance is an independent, partner led corporate finance boutique and is the Belgian Member of the Global Scope network active in 44 countries around the world.
To read more about March Henri Decrop and Pierre Warrant and Common Ground Corporate Finance, please visit our website