The Spice Factory in its Acquisition by Gimv

Cresco is proud to announce its role as legal counsel to the Jorgen De Pelsmaeker (CEO) and the management team (Nicolas Louveaux, Philippe Gondry and Nicolas Ongaro) of The Spice Factory in its acquisition by Gimv.

This strategic partnership aims to bolster TSF’s market position and accelerate its international expansion within the private label dried culinary herbs and spices sector. 

Founded in Braine l’Alleud, Belgium, TSF has established itself as a trusted partner to leading retailers and foodservice operators across the Benelux region. The company’s commitment to quality and innovation is exemplified through its private label offerings and its branded foodservice line under the ISFI brand. With Gimv’s investment, TSF is poised to enhance its production capabilities and broaden its reach across European markets.

The Cresco team, led by Glenn L’hoëst and Emma Antonneau, is providing comprehensive legal support to the TSF management team throughout the transaction, to ensure a seamless and successful closing.

For more information, please contact Glenn L’hoëst or visit De Tijd.