January 22 2025, David R Brown
French-based Lavollée Group, and Waterland to build pan-European leader in specialty ingredient distribution, SIDG
The Lavollée group of companies, comprising Lavollée, Firmalis, and Sipa A.Ch Berthier, have partnered with the Dutch-based investment fund Waterland to create an independent, European leader in specialty ingredient distribution, SIDG (Specialty Ingredients Distribution Group).
The alliance with Waterland will allow us to develop a network of companies similar to ours, both in terms of their model and their management
Hervé Ory-Lavollee
Chairman & CEO of the Lavollée Group
Waterland Private Equity has invested in SIDG to strengthen and spur its growth, leveraging its expertise in the Group's target markets and its experience in supporting midsized companies. This ambitious initiative reflects a shared vision: building a key player in the European specialty ingredients market. This partnership will rely on a sustained growth strategy that will respect the Lavollée's family business model and DNA. SIDG will maintain the know-how and commitment of the historic teams, who were keen to invest in this partnership alongside Waterland and Hervé Ory-Lavollee who will continue as Chairman and CEO of SIDG.
“The specialty ingredient and chemicals distribution industry faces significant challenges and opportunities, which will require adaptations and investments in the near future. To address this, it is key for the Lavollée Group to partner with a player able to support the group at a faster pace. The alliance with Waterland will allow us to develop a network of companies similar to ours, both in terms of their model and their management,” said Hervé Ory-Lavollee, Chairman & CEO of the Lavollée Group.
“We are very excited to work with Waterland to build the future of our Food & Nutrition business units. This strategic alliance will strengthen our market position, accelerate our growth, and continue our mission of innovation in the sector,” explained Mathieu Tixier, BU Manager of Firmalis.
“We are delighted to be actively involved in the development of Lavollée, Firmalis, Sipa A.Ch Berthier, and the SIDG group. This partnership is rooted in a unique combination of skills and know-how to build a pan-European player in specialty ingredients distribution. We are confident that supporting this family business, that shares our values, will be a huge success,” said Louis Huetz and Xavier Rehman Fawcett, Partner and Principal at Waterland Private Equity.
About SIDG
Specialty Ingredients Distribution Group (SIDG) is a group engaged in the distribution of specialty ingredients, with deep expertise in life sciences sectors (food & nutrition, cosmetics, pharmaceuticals, as well as raw materials for fragrances and flavors) and industry (coatings, adhesives, polymers, lubricants, water treatment, chemicals, and minerals).Supported by Waterland, an internationally recognized investment fund known for backing high-ambition projects, SIDG is led by the Lavollée family and its historic shareholder managers. SIDG was created to unite the strengths of Lavollée, a historic player with roots dating back over 60 years, and Firmalis, a specialist in food and nutrition. Together, they are building a future focused on excellence, innovation, and responsibility.
Source(s): Lavollee Group Press Release
Further Information
Visit: https://sidg.eu