AKD has advised French investor Ceres Industries Capital on the acquisition of Belgian family-owned business Seyntex NV from its founding family.

Founded in 1908, Seyntex is a leading European manufacturer and provider of high-tech protective clothing and equipment for defence, law enforcement and fire services, headquartered in Aalter, Belgium.

Ceres Industries Capital is an independent private equity investor that invests in and helps grow mid-sized companies. Ceres’ industrial expertise will support Seyntex’s next phase of growth through investment and accelerated innovation, with the ambition of establishing Seyntex as a European leader in its field.

The AKD team was led by Timothy Speelman and further consisted of Charlotte Vanham, Elien Van Malder and a team of other lawyers involved in the due diligence process and the structuring of the transaction.

Press releases and other media mentions are available in French (here and here), Dutch (here, here and here) and in English (here and here).