Royal HZPC Group - Squarefield

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Royal HZPC Group

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Squarefield advised Royal HZPC Group on the (re)financing and increase of its financing facilities

In February 2024, our client Royal HZPC Group B.V. (or the “Company”), a global leader in seed potatoes, signed and closed its refinancing and increased the size of its existing facilities. The financing facilities include both a year-round structural revolving credit facility (“RCF”) alongside a seasonal RCF.

The new financing package enables the Company to invest in the continuation of its growth and ambitious R&D plans. Squarefield acted as exclusive capital advisor to the Company and arranged a competitive bank financing package provided by an international syndicate of banks, including ING Bank, Commerzbank and CIC (a subsidiary of Crédit Mutuel).

Royal HZPC Group

Royal HZPC Group is a global leader in seed potato trading, innovative breeding and concept development. The Company offers a wide range of potato varieties, optimised for local growing conditions and collected for the retail fresh, traditional, French fries and crisps markets. The Company is headquartered in Joure, the Netherlands and generates EUR c. 420m in revenues and employs c. 400 people.

“Squarefield did an outstanding job, and we are happy that we hired them to support us in our refinancing. They have a large and international network of lenders and their sector focus really helps them to educate lenders about our business, resulting in the most competitive financing package available. Furthermore, the team ran a smooth and swift process, enabling us to continue to focus on our normal business.”

Jordan van Vilsteren – CFO of Royal HZPC Group