Vaessen-Schoemaker acquired by management

Squarefield acted as exclusive financial advisor to Vaessen-Schoemaker’s management on the acquisition of the Company.

On 1 July 2015, management of Vaessen-Schoemaker B.V. (the ‘Company’), a leading supplier of high value-add functional ingredients based in Deventer in the Netherlands, announced the acquisition of the remaining majority of the Company from the founding family. Founded nearly 70 years ago, Vaessen-Schoemaker has now become one of the leading suppliers of innovative functional dry mixes for the poultry, meat, fish and bakery industry with a clear focus on injection, tumbling and filling applications.

Drawing on its pioneering approach to R&D, Vaessen-Schoemaker’s products result in unique product-enhancing properties for its customers, helping them to increase profitability whilst dealing with increasing requirements of regulatory compliance (clean and short label) and demand for traceability. Vaessen-Schoemaker’s products are fully traceable throughout the supply chain, and are supplied from its state-of-the-art facility in Deventer, which is certified to the highest standards, including BRC level A, kosher and halal.

Over the last few years, management has strongly positioned the Company among leading national and international ingredient blenders. It has increasingly focused on combining new products and markets, which has resulted in double digit sales and profitability growth. The acquisition of the Company, which was financed by Rabobank, is in line with management’s ambitions to become the leading functionality expert in tumbling, injection and filling solutions, and to grow the Company further, both organically and through acquisitions.

AD DE HAAS, CEO OF VAESSEN-SCHOENMAKER: “The adequate and professional support of our advisor Squarefield enabled us to acquire the company from the founding family. We are sure to work with them again to further pursue our growth ambition”

2015