SPICE INVESTMENTS LIMITED

Spice Investments Limited is a specialist Special Purpose Investment Company (SPIC) that pools capital to acquire substantial minority stakes in undervalued listed small‑ and mid‑cap firms. By creating dedicated funds for each target, the firm takes a long‑term, active‑shareholder approach, working closely with boards, management and fellow investors to lift performance, competitiveness and market valuation.

The company’s core service is rigorous fundamental research, supported by a wide network of trusted industrial advisers, to identify businesses that are overlooked or hindered by short‑term challenges, unfavourable industry conditions or other impediments. Once a potential investment is vetted, Spice Investments engages constructively with the company, drawing on the expertise of seasoned entrepreneurs and executives to unlock value and promote sustainable growth. Its current portfolio includes a 5.6 % holding in Renewi, a leading waste‑to‑product group, and a 5 % stake in Norma Group, a global engineered joining‑technology manufacturer.

Spice Investments concentrates its activities on the Netherlands and Germany, leveraging deep cultural knowledge and extensive local networks to add strategic insight and capital market perspective to the companies it backs.