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Greenyard Goes Private As Garden S.à r.l. Completes Takeover
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ESM Magazine
(Garden) has acquired full ownership of Belgian fresh produce company Greenyard, securing 100% of the shares after the completion of its takeover bid.
The simplified squeeze-out bid, launched by the Garden to acquire the remaining shares of Greenyard, commenced on 14 August 2025 and closed on 4 September 2025.
In this period, a total of 1,362,295 additional shares of Greenyard were tendered, representing 2.64% of the total outstanding shares.
Payment of the offer price of €7.40 per share for shares tendered during the squeeze-out bid was made on 5 September.
In April 2025, the Belgian firm announced that it received a voluntary and conditional takeover bid in cash for all shares in Greenyard not already owned by Garden or persons affiliated to it.
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