ZEB is a Belgium-based retail chain that operates 21 stores in Flanders and employs 142 people. The company secured €7.6m in equity financing from Vendis Capital. The capital will be used to fund future expansion. Vendis Capital is a private equity fund launched in 2009 by the former management of retail holding Mitiska. The Vendis fund had a €55m first closing last October and is still raising capital to reach a €100m final target. The financing positions ZEB to pursue its growth plans within the Belgian retail market.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2010