Alychlo becomes majority shareholder of Amadeus

Service

Sell-side

Year

2026

Transaction

Alychlo, the investment holding company of Marc Coucke, becomes the new majority shareholder of Amadeus, the reference for all-you-can-eat spare ribs in Belgium since 1987. The transaction marks the next phase in Amadeus’ growth journey and supports its ambition to roll out the concept further, initially across Belgium and potentially in nearby international cities thereafter.

 

The existing shareholders, Marie Thevelin and Peter Dobbelaere, reinvest and remain involved in the continued development of the group. With Alychlo as its new partner, Amadeus aims to open on average one new restaurant per year, starting with Bruges in the autumn of 2026, while the restaurants’ winning formula remains unchanged.

 

VDP acted as exclusive advisor to Amadeus and its shareholders.

 

 

Amadeus

Amadeus was founded in 1987 in the Patershol district of Ghent and is the reference for all-you-can-eat spare ribs in Belgium. The concept has remained unchanged for almost forty years: all-you-can-eat spare ribs, baked potatoes with a secret sauce and Irish coffee, served on its trademark red-and-white checked tablecloths at a keen price.

 

The group operates five restaurants and will open a sixth location in Bruges in the autumn of 2026. In 2025, Amadeus welcomed approximately 380,000 guests and, thanks to that strong brand awareness, ranks among the best-known hospitality names in the country.

 

For more information: www.amadeus-resto.be

 

 

Alychlo

Alychlo is the investment holding company of entrepreneur Marc Coucke and invests with a long-term horizon in Belgian companies, with a focus on leisure, tourism, sport and gastronomy. Its portfolio includes stakes in a wide range of hospitality concepts, from ice cream parlours to Michelin-starred restaurants.

 

Alychlo supports entrepreneurs and management teams in realising their growth ambitions, while leaving the identity, team and way of working of each company intact.

 

For more information: www.alychlo.com