Private equity investment transformed a Belgian cement company into one of the world’s leading mining firms. The story of Maggotteaux shows how private equity can help mid-market companies realise their hidden potential through operational improvement based in the real economy.
IK Investment Partners reorganised the business and successfully applied its market leading cement technology to the mining industry.
Maggotteaux expanded into new markets in places such as Thailand and China, while strengthening its Liège headquarters. Historical ties and a knowledgeable skilled and loyal workforce meant Belgium would continue to be the springboard from which to grow the business.
You can find out how private equity investors identified and made the most of Maggotteaux’s potential, polishing a rough diamond into a real gem of a company here.