Vendis Capital successfully closes fundraising at EUR 111,5 million.

Brussels, 10 January 2011 – Vendis Capital, the private equity fund focused on European consumer goods companies, is pleased to announce its third and final closing at EUR 111,5 million, ahead of its EUR 100 million target. 24 investors have subscribed to the fund.

Vendis Capital provides growth and buyout capital to retail and consumer businesses in Europe. Invested amounts vary between EUR 5 and 15 million.  Vendis Capital wants to partner with strong entrepreneurs and managers to support the development of their companies.

In 2010, Vendis Capital invested already in the Belgian fashion retail chain ZEB and in the Dutch optical retail chain Eyes & More.