DISTEC

Value-added import and distribution of household appliances

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Since 1986, Distec has been representing partner brands in Benelux and France, importing, storing, selling and shipping their products, and taking care of marketing, sales promotions in the field, logistics and the after-sales service. These ranges of massage, weighing, electrical muscle stimulation, skincare, haircare, pain relief and audio products bring in €13 million in revenues.

Initiative & Finance invested in 2016 as a majority shareholder, alongside former individual shareholders, to organize a transfer of ownership and managerial control to the MD, who was promoted to head of the group.

Investment date

Apr.-16

Turnover at acquisition

13M€

Type of investment

OBO

Staff at acquisition

17

Country

Belgique

Sector of activity

Consumer Goods

Add-on acquisitions

1

Associated Team

Jean-Bernard Meurisse

Jean-Bernard Meurisse

President & Partner

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François Golfier

François Golfier

Investment Manager

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