AKCEAN acted as financial advisor to KIREI in the strategic acquisition of DEMIR INDUSTRIAL CLEANING, a Belgian company specializing in industrial cleaning.
This is the second time AKCEAN has supported the KIREI Group in its external growth operations, following the acquisition of Global Maintenance Industries in 2023.
Kirei – The buyer
Based in Mont-Saint-Guibert (Belgium), the KIREI Group, which comprises Clean Power, Eden Services and Global Maintenance Industries, is active in professional surface cleaning. The group employs over 300 people and has sales of around €30 million in 2023.
Demir Industrial Cleaning – The target
Located in Flemish Brabant, DEMIR INDUSTRIAL CLEANING specializes in professional cleaning. The company employs over 45 people, with a strong presence in Brussels and Flanders, particularly in the distribution sector. The company has been in business for over 35 years, with sales of almost €3 million.
“A key step in strengthening our presence in Brussels and Flanders”
Olivier Priem, Managing Director of KIREI says: “This acquisition enables us to strengthen our position in Brussels and Flanders, as well as in the distribution sector. Present on the Belgian market since 1987, DEMIR INDUSTRIAL CLEANING is a well-known company in the industrial cleaning sector, with significant synergies with our Group. We are delighted to have been accompanied once again by AKCEAN as M&A advisor in our acquisitions, and we thank all our advisors.”
