Marechal will treat garden furniture – Made in

Marechal will treat garden furniture – Made in
Marechal will treat garden furniture – Made in
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Down2Earth, the investment fund of Ivo Marechal, Alain Keppens and Peter Kloeck, invests in Golden Care, a company that makes eco-friendly maintenance products for outdoor furniture. Golden Care’s head office will move to Limburg after the transaction.

Down2Earth is the investment vehicle founded by former H.Essers manager Ivo Marechal with 2 other founding partners. The successful fund today has participations in, among others, Water is Life Group (Pelt), Metes (Dilsen-Stokkem) and Hengelhoef Concrete Joints (Genk).

There is now a new investment. Golden Care, founded in 1996, develops products that protect outdoor furniture in teak, wicker or fabric. They are eco-friendly applications that are biodegradable. After a successful introduction in the Benelux, Golden Care products are now also sold in the US and Asia. The goal is to break through worldwide and accelerate growth. The fresh capital that Down2Earth injects should support those plans. At the same time, a new CEO (Seb Vangrunderbeek) and an R&D Manager are appointed. The current management remains on board, both operationally and in the capital.

Golden Care’s head office is moving from Valkenswaard in the Netherlands to Belgian Limburg.

The article is in Dutch

Belgium

Tags: Marechal treat garden furniture

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