Enkco Foodgroup - Squarefield

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Enkco Foodgroup

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Squarefield acted as exclusive financial advisor to Enkco Foodgroup on the sale of the company to Gilde Buy Out Partners

Our client Enkco Foodgroup, a market-leading supplier of high value add meat replacers and convenience meat products, and owner of the internationally recognised Vivera brand, announced the completion of the acquisition by Gilde Buy Out Partners B.V. (“Gilde”) together with management.

Enkco Foodgroup

Enkco B.V. (“Enkco”) is a manufacturer of high quality semi-finished convenience meat products ranging from frozen ready-to-cook schnitzels, meat balls and hamburgers to fresh uncooked meat products. Enkco dominates the foodservice channel and also serves selected food retailers in the Netherlands. Recently, Enkco was recognised as the clear clean-label quality leader and was awarded best meat roulades (‘vinken’) producer of the Netherlands.

Vivera B.V. (“Vivera”) is active in the attractive market for meat replacers with customers throughout Europe in the retail and foodservice industry. In 1991, Vivera was among the first to introduce meat replacers in the Netherlands. Since then, Vivera has grown to a strong and recognised brand offered by leading Dutch food retailers. With innovative fresh and frozen vegetable protein (‘plantaardig eiwit’) products, Vivera has experienced strong international growth and currently is market leading in the Netherlands, Belgium and Italy with a clear ambition to become the European market leader. In the Netherlands, Vivera’s innovative meat replacers based on extruded lupine were awarded with the annual prize for healthy food (‘Jaarprijs Goede Voeding’) in 2013.

Culifrost B.V. is an artisanal specialist in the production of frozen cheese based soufflés (‘kaassoufflés’) and puff pastry products.