Acquisition of Grada International

The Flemish entrepreneurial group Octopus Capital proudly announces the acquisition of Grada International. This strategic move heralds an exciting new chapter for both parties.

Thanks to this acquisition, Grada International's financial position has been greatly strengthened. As a local and experienced player, Octopus Capital offers Grada International a healthy and stable partnership for the future.

With our support, Grada International will have the opportunity to function more efficiently, embrace new technologies and further improve its service to customers. Our investments will further strengthen Grada International's performance and competitive position.

We would like to emphasize that it is our wish that Grada International retains its current structure as much as possible. The leadership, management and all employees will retain their current positions, which will ensure stability and continuity within the organization. Grada International's talented team will continue to serve its customers with the same dedication.

We thank CEO Luc Clarys and main shareholder Baltisse for their confidence in this new collaboration between Grada International and Octopus Capital. We are convinced that this combination of forces will enable growth and innovation for both parties.

We look forward to a successful future together!

Kind regards,

Frederick Pollet
Partner
Octopus Capital