09 August 2023

Nimbus has agreed to acquire Dedert IJs from Lineage

Dedert IJs is a leading pure-play water & fruit ice product manufacturer

Nimbus has agreed to acquire Dedert IJs from Lineage

On the 27th of July 2023, Nimbus Investment Fund V Coöperatief U.A. (“Nimbus”) signed an agreement with Lineage Logistics LLC (“Lineage”) and a minority shareholder to acquire Erweda B.V. and Dedert IJs B.V. (together “Dedert IJs”), a leading European pure-play water & fruit ice company. Closing is subject to works council approval, and is expected to take place in September 2023. Dedert IJs is one of Europe’s leading pure-play water & fruit ice manufacturers with decades of water ice manufacturing expertise serving numerous customers throughout Europe. Based in Roermond, the Netherlands, the company operates a modern production facility with a broad product offering, capability set, and an extensive recipe library, allowing it to cater to evolving customer and market needs.

Lineage, one of the world’s leading temperature-controlled industrial REITs and integrated solutions providers, gained ownership of Dedert IJs as part of the 2018 acquisition of Yearsley Group Limited, a cold storage owner-operator. Lineage will remain a cold storage supplier of Dedert IJs following the sale.

“We are pleased to have the opportunity to invest in Dedert IJs. The business has a good position in a stable and interesting market. Through commercial development, new investments and operational improvements Dedert IJs will be a solid partner for its customers, suppliers and workforce. We will support the business in any way we can in the years to come,” says Alexander de Haas, partner at Nimbus”.