Vandemoortele

Izegem, Belgium Founded: 1899 • Age: 127 yrs
Bakery snacks are manufactured by Vandemoortele in Izegem, Belgium.
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About Vandemoortele

Vandemoortele is a company based in Izegem (Belgium) founded in 1899.. Vandemoortele has raised $29.38 million across 2 funding rounds from investors including Tikehau Capital, PMV and Gimv. The company has 71 employees as of December 31, 2022. Vandemoortele has completed 4 acquisitions, including Dolciaria acquaviva, Délifrance and Lanterna Alimentari Genova. Vandemoortele offers products and services including Bakery Products, Plant-Based Food Solutions, and Private Brand and Customisation. Vandemoortele operates in a competitive market with competitors including Corman and CUBZZ, among others.

  • Headquarter Izegem, Belgium
  • Employees 71 as on 31 Dec, 2022
  • Sectors
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vandemoortele Group
Operational Areas
Consumer → Food & Beverage
Consumer → Food, Beverage & Nutrition
Key Metrics
  • Annual Revenue
    $784.89 M (USD)
    49
    as on Dec 31, 2022
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $29.38 M (USD)

    in 2 rounds

  • Latest Funding Round
    $118.01 M (USD), Debt – Conventional

    Sep 16, 2025

  • Investors
  • Employee Count
    71

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Vandemoortele

Vandemoortele offers a comprehensive portfolio of products and services, including Bakery Products, Plant-Based Food Solutions, and Private Brand and Customisation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

High-quality baked goods for commercial and custom applications

Innovative alternatives to traditional foods for various markets

Tailored product development for business partners

People of Vandemoortele
Headcount 1000-5000
Employee Profiles 267
Board Members and Advisors 12
Employee Profiles
People
Audrey Lesage
Manager Regional France Ouest
People
Leyla K.
Channel Marketeer Professional | Bakery Products
People
Johannes Gysbergs
Plant Controller
People
Mieke van Cauwenberge
Sales Support Employee

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Board Members and Advisors
people
Philippe Schaillée
Director
people
Charles Vandemoortele
Director
people
Natasja Laheij
Board Member And Chair Of The Audit Committee
people
Cécile Bonnefond
Director

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Funding Insights of Vandemoortele

Vandemoortele has successfully raised a total of $29.38M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $118.01 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Debt – Conventional — $118.0M
  • First Round

    (19 Apr 2016)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2025 Amount Debt – Conventional - Vandemoortele Valuation

investors

Apr, 2016 Amount Series A - Vandemoortele Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Vandemoortele

Vandemoortele has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Tikehau Capital, PMV and Gimv. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Investments are made in early-stage healthcare startups.
Founded Year Domain Location
Early & late stage VC firm investing primarily in Netherlands
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vandemoortele

Vandemoortele has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Dolciaria acquaviva, Délifrance and Lanterna Alimentari Genova. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
A chain of limited service restaurants is operated.
1996
Online information platofrm regarding health & wellness and nutrition
1996
Coffee processing is handled by Dolciaria Acquaviva in Aversa, Italy.
1979
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Vandemoortele

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vandemoortele Comparisons

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Competitors of Vandemoortele

Vandemoortele operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Corman and CUBZZ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Producer of butter and dairy products for consumers, chefs, and industrials.
domain founded_year HQ Location
Multi-category bakery snacks are branded and distributed by CUBZZ.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vandemoortele

Frequently Asked Questions about Vandemoortele

When was Vandemoortele founded?

Vandemoortele was founded in 1899 and raised its 1st funding round 117 years after it was founded.

Where is Vandemoortele located?

Vandemoortele is headquartered in Izegem, Belgium. It is registered at Izegem, West Flanders, Belgium.

Is Vandemoortele a funded company?

Vandemoortele is a funded company, having raised a total of $29.38M across 2 funding rounds to date. The company's 1st funding round was a Series A of $29.38M, raised on Apr 19, 2016.

How many employees does Vandemoortele have?

As of Dec 31, 2022, the latest employee count at Vandemoortele is 71.

What is the annual revenue of Vandemoortele?

Annual revenue of Vandemoortele is $784.89M as on Dec 31, 2022.

What does Vandemoortele do?

Vandemoortele was founded in 1899 in Izegem, Belgium, where operations in the food manufacturing sector have been centered. Bakery snacks are produced as the primary focus, with activities encompassing production and distribution of related products. The companys domain, vandemoortele.com, supports global outreach, while headquarters remain in Belgium to oversee European and international supply chains. Industry standards are maintained through established processes in bakery goods fabrication.

Who are the top competitors of Vandemoortele?

Vandemoortele's top competitors include CUBZZ and Corman.

What products or services does Vandemoortele offer?

Vandemoortele offers Bakery Products, Plant-Based Food Solutions, and Private Brand and Customisation.

How many acquisitions has Vandemoortele made?

Vandemoortele has made 4 acquisitions, including Dolciaria acquaviva, Délifrance, and Lanterna Alimentari Genova.

Who are Vandemoortele's investors?

Vandemoortele has 6 investors. Key investors include Tikehau Capital, PMV, Gimv, Wellington Partners Venture Capital, and Inkef Capital.

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