Vaessen-Schoemaker Undergoes Management Buyout
07 Jul 2015 --- As of 1 July 2015, the management of Vaessen-Schoemaker b.v. has acquired the majority holding of the Schoemaker family. Financial details of the transaction were not disclosed.
Vaessen-Schoemaker, founded 1946, and specialist in functional ingredients for the red-meat, chicken, fish and bakery industries, is currently experiencing strong growth.
The takeover of these shares by the management means the company can continue to pursue its set goals. The company's core values – client satisfaction, partnering, innovation, growth and continuity – will remain central to the business.
CEO Ad de Haas confirmed to FoodIngredientsFirst that management now owns 100% of the shares, after already holding a substantial minority since 2012.
De Haas commented: “It is managements’ ambitions to become the leading functionality expert in tumbling, injection and filling solutions, and to further grow the Company, both organically and through acquisitions.”
Vaessen-Schoemaker has been active for almost 70 years already in the world of ingredients. This management buyout means the company's role as “functionality experts” will be expanded further over the coming years with innovative new products and new markets.
