Argo assisted Wouter Devaere and Katrien Vandermarliere, owners of the Debal Group, with the sale of all shares to, and reinvestment in, the Blanchon Group

Argo assisted Wouter Devaere and Katrien Vandermarliere, owners of the Debal Group, with the sale of all shares to, and reinvestment in, the Blanchon Group, a European leader in coatings and varnishes for flooring and surfaces, supported by French PE Fund Abénex.

Active under the “Ciranova” and “Geka” brands, the Debal Group is itself a preeminent player in the design and manufacturing of finishing products for parquet and wood floorings. Founded almost 90 years ago, it is now active in more than 20 countries across Europe, North America and Asia with headquarters in Roeselare, Belgium and regional hubs in Chicago and Shanghai.