SHARE

Vendis acquires stake in Petrol Industries

Belgium-based Vendis Capital has acquired a majority stake in Netherlands-based fashion firm Petrol Industries, which designs and sells men’s and children’s clothing. This is Vendis’ fifth investment in the Netherlands, and the first of its Vendis Capital II fund.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.