Gilde Buyout has agreed to sell Synbra, a Dutch producer of foam insulation products, to Swedish packaging business Bewi Group. Financial details weren’t disclosed. Gilde Buyout acquired Synbra in 1999 from its second fund, which closed in 2000 at €500m. Synbra is headed in Etten-Leur in the Netherlands and also has production facilities in the Netherlands, Germany, Denmark and Portugal. It employs around 900 people. Lincoln International, Rabobank and Loyens & Loeff advised Gilde Buyout on the deal.