Allyum, the Belgian corporate finance advisor, announces the closing of the sale of International Taste & Quality Institute (iTQi) to key private investors, in order to ensure the continuous growth of the project.
“Having a close partner like Allyum on this case was a great asset for our sale process. Their technical expertise and goal-getting approach made this case a success.”
– Louis Frère, Co-Founder of iTQi
The company iTQi (www.itqi.com) based in Brussels, is a globally recognized organization with a mission to certify the taste quality of food and beverage (F&B) products.
Companies from more than 131 countries participate with their products in these organoleptic tests. The products are awarded by an outstanding jury of leading Chefs & Sommeliers who belong to 15 prestigious culinary institutions in Europe.
Clients’ products are granted a Superior Taste Award allowing F&B producers to develop their sales through enhancement of the credibility of the brand, increased visibility, quality certification and sensory & pairing reports.
Allyum is a corporate finance company which advises innovative companies on financial transactions, fundraisings, IPO, Mergers & Acquisitions. With a multi-skilled team, Allyum is a key partner, understanding the challenges of its clients and providing them with financial recommendations. More than 100 companies have entrusted Allyum to conduct their financial transactions in Belgium and in other countries over the last 10 years. For more information, visit www.allyum.com