---
title: "Apheon-backed Haudecoeur acquires Natur Food and Heliadis in European push"
url: https://burnaze.com/article/41fbc749-6d7f-48cc-ac30-052ff62d14ec
source: "PE Hub"
original_url: https://www.pehub.com/apheon-backed-haudecoeur-acquires-natur-food-and-heliadis-in-european-push/
category: "Finance"
topics: ["Finance & M&A"]
published: 2026-07-31T07:07:04.000Z
modified: 2026-10-31T20:02:55.590Z
image: https://media.pehub.com/uploads/2022/06/PEHub_Logo4.jpg
---

# Apheon-backed Haudecoeur acquires Natur Food and Heliadis in European push

**TL;DR:** Haudecoeur, backed by Apheon, has acquired German wholesaler Natur Food and Belgian manufacturer Heliadis to expand its European food distribution operations. The acquisitions contribute to a turnover exceeding €350 million.

*originally published in PE Hub on 2026-07-31. [Read the original](https://www.pehub.com/apheon-backed-haudecoeur-acquires-natur-food-and-heliadis-in-european-push/).*

## Story

Haudecoeur, supported by Apheon, LFPI, and the founding Haudecoeur family, has finalized the acquisitions of Natur Food, a German wholesaler specializing in Turkish food products, and Heliadis, a Belgian food product manufacturer. These deals mark Haudecoeur’s initial international growth, adding Germany and Belgium to its existing operations in France.

The acquisitions collectively contribute to a turnover exceeding €350 million, according to the company.

Natur Food, established in 2006 and headquartered in Giessen, distributes products under its proprietary Ahinur brand, alongside third-party brands, to retailers throughout Germany. This acquisition provides Haudecoeur with access to Germany’s Turkish community for the first time.

Heliadis, founded in 2005 and based in Vilvoorde, supplies its Nawhal’s-branded sauces to foodservice operators across France via a network of wholesalers.

> "These two complementary acquisitions perfectly illustrate the buy-and-build strategy we are pursuing with Haudecoeur and the founding family,” said Wolfgang de Limburg, managing partner at Apheon, in a statement.

## Entities

- private equity (topic)
- Finance (sector)
- acquisition (topic)
- PE Hub (publication)
- Germany (location)
- France (location)
- european expansion (topic)
- Belgium (location)
- food distribution (topic)
- Haudecoeur (company)
- Apheon (investor)
- LFPI (investor)

---
Originally reported by PE Hub (https://www.pehub.com/apheon-backed-haudecoeur-acquires-natur-food-and-heliadis-in-european-push/). Summarized by Burnaze (https://burnaze.com/article/41fbc749-6d7f-48cc-ac30-052ff62d14ec).