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

Investments

> Date of Investment: February 2006
> Exit: August 2007
> Region: Belgium
> Sector: Business Services
> Website: www.kingbelgium.be
> Sales 2007: €125MM

King is the leading wholesaler and distributor of non-food consumables and disposables (plastic cups, hygiene paper, etc.) to a wide range of industries and segments including but not limited to healthcare, public institutions, catering, cleaning and retail

In February 2006, Ergon acquired King, from Autobar, the pan-European vending machine operator

In August 2007, King was sold to Bunzl, a listed worldwide specialist distribution group