On January 27, 2017, our client Group of Butchers (the “Company”), a market-leading producer of premium processed meat products in the Benelux, announced the completion of its sale to Equistone Partners Europe (“Equistone”).
Established in 1997 and headquartered in Tilburg in the Netherlands, Group of Butchers employs approximately 350 employees across six production facilities in the Netherlands and Belgium. The Company generates sales in excess of €125m, having acquired five companies over the last three years to further strengthen its market position and broaden its product range. Under the new ownership of Equistone, management is determined to continue its acquisitive growth strategy.
The transaction demonstrates and complements Squarefield’s cross-border transaction experience, as well as its track-record in the processed and deli-meat sectors.