Sell-side advice: Eliona acquired by Winterhalter
Level Next assisted in the sale of the Belgian family business Eliona to the German multinational company Winterhalter. Eliona is the exclusive distributor of high-end dishwashers and turbo ovens for the Belgian restaurant industry. They distribute the brands Winterhalter, Classeq and Menumaster.
Joseph Baert, Managing Director at Level Next: “The acquisition is remarkable because Eliona’s main customers, namely the restaurant owners, have been severely affected by the recent COVID-19 pandemic. Despite the difficult market conditions, the continuous growth in the number of customers and the strong technical team of Eliona attracted several interested parties.”
Client testimonial
“We have been working with Winterhalter for 50 years. We are convinced that the new management can guarantee stability and trust for the staff.” – Wim Van Assche, Former CEO Eliona
Press coverage
