On August 31, 2015, Qizini Group B.V. (“Qizini”), one of Europe’s market-leading companies in ready-made convenience concepts including wraps and sandwiches, announced the completion of the sale to Natsu Foods GmbH & Co. KG (“Natsu”).
Established in 2010 and headquartered in Losser in the Netherlands, Qizini is one of Europe’s market-leading producers of fresh and frozen convenience concepts, such as wraps, sandwiches and paninis for retailers, airlines and foodservice customers.
Natsu, the Germany based manufacturer of ultra-fresh convenience products, is a fast-growing family-led company, and a leading supplier of sushi, sandwiches, wraps, salads, soups, lunch pots and Asian sauces to German and French retailers.
The acquisition of Qizini will allow Natsu to leverage Qizini’s brand and private label competences to consolidate its position further in the German market and accelerate its growth ambitions in Europe by gaining access to the Benelux and Scandinavian markets. They offer unrivalled production technologies for wraps and sandwiches, as well as presence in the high growth airline channel.
Peter van den Berg - CEO Qizini“During the sale process, Squarefield’s team demonstrated its profound knowledge and transaction experience, remaining approachable for all stakeholders at all times, with an excellent sense of diplomacy striking the right balance between serving various interests involved without losing sight of the objective to successfully complete the transaction. Equally important, the Squarefield team is great fun to work with.”