“We are very happy with our entry in Hypo Group” adds Michiel Deturck of Vendis Capital. “ It is one of the most dynamic players in quite a specific market. The team has a lot of industry experience and has succeeded to develop authentic own brands as well as to renew established more traditional brands. This is illustrated by the growth realized during the last years. We look forward to work together with the team and to support the continued development of the group.”

Hypo Group is Vendis’ fifth investment, and is its third in the Netherlands.