Press Release: Verlinvest to prepare leadership transitionNov 21, 2018
Ixelles – Verlinvest, a Belgian family-owned, consumer-focused, diversification investment holding company, confirms it will take a new step in its journey and has started a search for a CEO.
After 23 years of involvement and a very successful track record as CEO, Frédéric de Mevius, Chairman of Verlinvest SA since 2012, has decided after careful consideration it is time to pursue other personal and professional interests, and thus prepare Verlinvest for a leadership transition. He has started working with the board in this process of finding a CEO. This way the company prepares for its next leg of development. The shareholders of Verlinvest are committed to pursuing the successful journey of Verlinvest’s long-term diversification strategy: four investment themes (Food & Beverage, Healthcare services, Education and Digital) and three strong geographical bases (New York, Brussels and Singapore). Investments will continue alongside first class entrepreneurs and CEOs in both growth and platforms. Today Verlinvest manages assets of over €1.6bn in value across multiple geographies.
The board of directors of Verlinvest and its shareholders would like to explicitly thank Frédéric de Mevius for his long-term dedication and expertise in developing Verlinvest into the internationally renowned private equity player it is today. They have confidence in the important steps that are taken today to further follow on the ambitious growth path in which Frédéric de Mévius and the Verlinvest team played a significant role.
Verlinvest was founded in 1995 as a family-owned, consumer-focused, diversification investment holding company. Verlinvest specializes in growth capital with the objective to diversify its investors’ holdings for the long term by making private investments in branded consumer companies in the F&B, retail & hospitality, consumer digital and education segments.