IK Investment Partners to invest in CID Lines

IK Investment Partners (“IK”) is pleased to announce that the IK VII Fund has reached a binding agreement to acquire CID LINES N.V. (“CID Lines” or “the Company”), a leading provider of innovative hygiene solutions, from Gilde Buy Out Partners (“Gilde”). Financial terms of the transaction are not disclosed.Established in 1988 and headquartered in Belgium, CID Lines is a leading supplier of innovative hygiene solutions for the agricultural, food, vehicle care and institutional industries. With a network of over 750 distributors and importers, the Company exports its solutions to more than 90