News on Mergers and Acquisitions from the Netherlands

Gpi De Gouwe has rebranded as Gpi Process Technology, reflecting its evolution into a specialist in advanced food processing solutions. The company offers turnkey systems for fries, sauces, ready meals, chocolate, and confectionery production.

Investindustrial, comprising the Kiremko, Idaho Steel and Reyco brands, has completed the acquisition of 100% of Tummers Group and Van der Giessen, bringing together specialist companies with complementary capabilities across the potato processing value chain. 

Sticomax Group has acquired ICS Spiral Freezers to strengthen its expertise in freezing, cooling, and proofing solutions. The addition expands the group to seven companies, with combined turnover expected to reach EUR 125 million (USD 142 million).

Troostwijk Auctions launches six online auctions (18 Dec–15 Jan) to sell the full industrial assets of bankrupt Dutch potato processor CêlaVíta, offering high-quality potato processing, packaging and labelling machinery from leading brands.

Kiremko, Idaho Steel & Reyco name Gerardo Chiaia as CEO and Kees van der Drift as CFO, marking a new growth phase under Investindustrial. The group unites to drive global innovation and leadership in food processing systems.

CêlaVíta, the Dutch chilled potato processor once owned by McCain, will not restart after bankruptcy. All 171 jobs are lost as the Wezep factory is dismantled and auctioned, marking the end of a well-known name in potato processing.

Investindustrial will acquire Kiremko, Idaho Steel, and Reyco, leading potato processing equipment makers. The deal unites 3 family-owned firms into a global platform, aiming for growth via integration, innovation, and expansion.

Following the recent announcement of CêlaVíta's bankruptcy, several companies have expressed interest in acquiring the Dutch producer of chilled potatoes. This raises cautious hopes for a possible restart, according to bankruptcy trustee Frans Aartsen.

Chilled Potato producer CêlaVíta has gone bankrupt. The Dutch company supplied pre-cut potatoes and pre-seasoned potato products to supermarkets, hotels, and restaurants throughout Europe.

Sormac, the leading supplier of machines, entire processing lines and turnkey solutions for the fresh-cut fruit and vegetable industry acquires a majority stake in the German food technology manufacturer Foodcons.

The Hotraco group is acquired by Munters. Mooij Agro, supplier of potato storage solutions, is part of the Hotraco Group.

Belgian machine builder Sticomax, a leading holding in machine building for the food industry, announces the acquisition of Dutch sector company DutchTecSource (DTS).

Dutch potato processor Peka Kroef B.V. entered into a purchase agreement with investment company Nimbus on March 14 2024, regarding the acquisition of potato processor Frespo B.V., the former Aviko site in Cuijk.

On March 1, 2024, Nimbus entered into a purchase agreement with CelaVita B.V., a member of the McCain Group of companies, to acquire the activities of CelaVita.

Potato cooperative Agrico has announced that it intends to acquire the seed potato activities of The Potato Company (TPC).

As of January 1st, 2024, the assets and business activities of Lalesse Extrusion are integrated into Kuipers Food Processing Machinery.

Agrico acquires Royal ZAP’s seed potato activities. By means of this acquisition, Agrico has taken a step towards expanding its acreage, in order to meet demand.

Sormac B.V., the market leader in machines for the processing of fresh vegetables from Venlo, The Netherlands, has reached agreement with Felcon B.V., established in Everdingen