Target: Schaffelaarbos
Seller Intersaction
Advisory sell side: DEX international M&A | M&A Advisory
Amstone Tax Lawyers | Tax Advisory
deBreij | Legal Advisory Corporate M&A
Buyer Symrise AG
Date announced: 2022-01-07
Data Room provider Virtual Vaults

Story:
Symrise, a German supplier of ingredients for fragrances, food, nutrition and cosmetics, will acquire 100% of Schaffelaarbos, a Dutch producer of recycled protein for the animal food industry, from Dutch private equity firm Intersaction. Schaffelaarbos' main drive is to become a leader in egg valorization, providing sustainable proteins to the pet food industry and contributing to a positive circular food system. The company manufactures products for the petfood-, young animal food- and aquaculture markets. With this acquisition, Symrise intends to accelerate product innovation to break new ground for future growth and profitability. The transaction is expected to close by mid-January 2022.

Source MenA.nl