D’Heldt Retail Partners was acquired by N3X Investments, with the aim of enhancing growth in the Belgian food machinery sector under the leadership of Enki Denys.

Information on the Target

D’Heldt Retail Partners, located in the Antwerp Kempen region of Lille, specializes in the supply and maintenance of food machinery for professional use. As an independent distributor of top European brands, the company exclusively provides high-quality food machines that have earned an excellent reputation. D’Heldt is a near market leader in Belgium for rotisserie chicken equipment from the renowned brand Fri-Jado. In addition to food machinery, D’Heldt is actively involved in automatic fronting and point-of-sale (POS) applications. With over 50 years of experience, the company has established itself as a key player in the food retail sector, boasting a loyal and consistent B2B clientele.

The company's customers predominantly consist of businesses in the food and retail industries, including supermarkets, department stores, and retail chains. Notably, D’Heldt enjoys strong relationships with major supermarket chains such as Delhaize, Carrefour, and Colruyt, which have been longstanding clients alongside their independent franchisees.

Industry Overview in the Target’s Specific Country

Belgium's food machinery industry has experienced steady growth, driven by the increasing demand for efficient and hygienic food processing solutions. The rise of conven