2022 has been a grim year: war, sky-high inflation, an energy crisis, a cost-of-living crisis, a stock market correction and increasing fears of recession. Even these latter fears failed to stop surging inflation and interest rates from sending bond yields soaring for much of 2022. On the upside, we believe the starting point for 2023 is much better than in 2022, as we start from more normalised levels with reasonable valuations, higher interest rates, altered expectations, adjusted risk positions and high cash balances.
In December VDP acted as advisor to Euroglas’ management and Dovesco on the sale to the French glass group RIOU Glass. Euroglas is a one-stop-shop glass processing group that specializes in tempered and laminated safety glass. By joining forces, the two glass processors aim to achieve industrial and commercial synergies to develop their respective businesses.
We are also very pleased that we are expanding our legal department with Lukas Goossens joining the team as legal expert. Lukas joins VDP from a leading international law firm located in Brussels where he was active in the corporate and commercial department and mainly acquired first-hand experience in mergers and acquisitions, private equity and real estate.
We hope you enjoy this reading
The VDP team
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