Fedrus International
Fedrus International is a European building materials group with a focus on roofing and facade solutions. Based in Puurs, the group is building sustainable growth through production, distribution and innovation, with a clear ambition: to become the one-stop shop for roofing and facade materials in Europe.
Fedrus International is a Belgian family-owned company with international ambitions, specialized in the production, trade, and distribution of roof and façade materials for the European market. From its headquarters in Puurs, the group supports various business units with a strong focus on quality, sustainability, and customer orientation.
The group was formed through a series of strategic mergers and acquisitions, with the goal of becoming a leading one-stop shop for roof and façade solutions. Until Sofindev’s entry in 2015, Fedrus was already a market leader in Belgium, built on the strength of three companies: IRS, Btech, and Apok. At that time, the group generated revenues of approximately €190 million, mainly in Belgium.
Since then, Fedrus has evolved into an international player with an impressive growth trajectory, driven by innovation, entrepreneurship, and a commitment to sustainable development.
Sofindev has taken our company to the next level. Without them, we might never have closed the deal with VMZinc. It’s not about the money. But the fact that banks suddenly started seeing us differently was incredibly encouraging.
In 2015, Sofindev entered into a partnership with Mark Vandecruys, former owner of Btech, by acquiring a minority stake in Fedrus International. With Sofindev’s entry, the group’s international ambitions were realized. Together with Mark and the management team, the previously Belgium-focused buy-and-build strategy was expanded to a select number of other countries.
In 2017, these joint efforts led to three acquisitions: two in France, and a transformative acquisition of the building products division of Umicore, known as VMZinc.
In October 2021, Sofindev sold its stake in Fedrus International to the majority shareholder Koiba, the investment holding of the Vandecruys family. Today, Fedrus employs over 1,600 people, serves more than 1,000 roofing retailers, and generates revenues of €705 million.
Press releases
Sofindev sells its participation in Fedrus International to the majority shareholder Koiba.
Fedrus International starts exclusive negotiations to acquire VMZinc.
Sofindev Management achieves strong first closing for its SOFINDEV IV fund and realizes first transaction through investment in Fedrus Invest Group.
The experts who made this participation possible
Jan Camerlynck
Managing Partner
Carlo Daelemans
Partner
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