Belgian flavour maker Synaco changes hands to industry duo
What's the deal? Geoffroy Dieu and Raphaël Mirgaux took over ownership of Liège-based food flavour manufacturer SynacoDealroom has a profile for this one. Try Dealroom → at the end of June 2026. Advisory firm Closing supported managing director Pascale Azzam through the transfer of the company she built.
What does Synaco do? Founded in 1983, it creates, produces, and distributes soft drink, spirits, and beer flavours, plus derivative products, for the agri-food sector. Closing said it stands out for its "reputation for the quality, natural flavours, in a local environment and on a human scale."
Who are the buyers? Mirgaux becomes CEO, leading operations, while Dieu focuses on long-term vision and development. Each brings more than 20 years in the flavour industry and agri-food site management.
Why them? The two worked together at FirmenichDealroom has a profile for this one. Try Dealroom → from 2007 to 2015, rising from finance and manufacturing roles to general and operations managers. Mirgaux recently served as a plant manager at What's Cooking and COO at Viangro; Dieu is CEO of Probiotic Group and owner of RLD Consult.
What they said: "To our customers, partners and teams: thank you for your trust. What we are building together is only just beginning," Mirgaux and Dieu said.
The signal: The deal reflects steady consolidation and ownership transfers across Belgium's agri-food and specialty manufacturing sector, with experienced operators stepping in to carry founder-built businesses into a new phase.
Read more: M&A.be
Image credit: Generated with Gemini
