On July 7, 2021, our client De Heus Animal Nutrition (“Royal De Heus” or the “Company”), a Dutch provider of animal nutrition, announced it has signed an agreement to acquire Golpasz S.A. (“Golpasz”), a Polish compound feed company.
Golpasz is, with annual volume sold of almost 500,000 tonnes of compound feed, one of the leading feed producers on the Polish market. This acquisition is consistent with De Heus’ ambition of further strengthening its leading position in Poland.
The proposed acquisition is subject to approval of the Polish Office of Competition and Customers Protections (UOKiK). Squarefield acted as financial advisor to Royal De Heus together with its Polish partner office, M2G.
Royal De Heus, headquartered in Ede, the Netherlands, is a privately held family company with over 100 years of experience in the animal feed sector. The Company is active in over 75 countries and employs over 6,000 people globally.
Adam Zaleski – General Manager of De Heus Poland“Both companies perceive many mutual benefits in the new partnership. De Heus as well as Golpasz have high-quality specialised knowledge relating to animal nutrition, animal husbandry and livestock farming. These competences enable both companies to develop and supply tailor-made (nutritional and business) solutions which are fully in line with the desires and demands of their farming customers. Combining strengths will accelerate further improvement in this area. In addition, Golpasz has gained highly specialised knowledge of turkey nutrition that is of added value to De Heus. Furthermore, Golpasz will get access to De Heus’ international network and expertise centre, Golpasz has the opportunity of enriching its knowledge in multiple areas and use to accelerate product innovation initiatives, among other things.”
Golpasz, headquartered in Golub-Dobrzyń, Poland, offers a complete range of compound feeds for multiple animal categories, including turkey, broilers, pigs and cattle (meat and milk). The company operates four modern production sites that are favourably located in relation to the most important livestock farming regions.
Wieslaw llków – General Manager of Golpasz“Thanks to the combination of De Heus Poland and Golpasz we will be able to continue development in those segments of the market where we already operate. We will use our combined knowledge and experience to serve our clients even better, as we know continuous improvement of efficiency is key to success. Both our clients and employees will benefit from the worldwide operating activities of De Heus.”