Perwyn Sells Mr Mallo to Versele Family, Management and Chris De Wolf
July 25, 2019
Perwyn has signed a binding agreement to sell Mr Mallo (formerly Confiserie Van Damme) to the entrepreneurial Versele family together with the company management team and investor Chris De Wolf. Mr Mallo is a leading European marshmallow manufacturer headquartered in Wetteren, Belgium, operating three production sites and serving customers in 55 countries; the signing took place on 25 July with completion expected before the end of August.
- Buyers
- Versele family (Carly Versele), Mr Mallo management team, Chris De Wolf
- Targets
- Mr Mallo
- Sellers
- Perwyn
- Industry
- Food & Beverage
- Location
- East Flanders, Belgium
- Transaction Type
- Divestiture
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