Ergon is a disciplined and discreet value investor, which provides "patient and friendly capital"

Investments

> Date of Investment: March 2007
> Exit: March 2015
> Region: Belgium
> Sector: Niche Manufacturing
> Website: www.joriside.be
> Sales: €468MM

Headquartered in Zwevezele (Belgium), Joris Ide Group is the leading independent manufacturer of steel profiles and insulated panels used for roofing and cladding in the Benelux, with significant market positions in France and Eastern Europe

Joris Ide Group employs approximately 1,000 people and has a local presence in Belgium, France, Germany, the Netherlands, Romania, Croatia, Hungary and Russia. Joris Ide Group is one of the few non-integrated players in the market, next to the steel producers, with a complete product range and appropriate certifications

In March 2007, Ergon and management acquired a majority stake from the founder

In March 2015, Joris Ide was sold to Kingspan Group