BC Partners to Buy Dutch Flower Company Dümmen Orange
October 19, 2015
BC Partners has agreed to acquire H2 Equity Partners-backed Dümmen Orange, a company involved in the breeding and development of cut flowers, potted plants, bedding plants and perennials. The deal reportedly values Dümmen Orange at around €500 million including debt, or 11x EBITDA. Employing more than 6,000 worldwide, the company generated sales of €165 million in 2014. The deal is expected to close in the coming months.