Selo Food Group
Squarefield acted as exclusive financial advisor to the shareholders of Selo Food Group on the sale to Rabo Investments
On March 2, 2022, our client Selo Food Group completed its sale to Rabo Investments. The sale follows the carve-out of Selo Food Group from its ultimate parent company Omori. Current management will continue in its position and will also invest in the company alongside Rabo Investments.
Selo Food Group is a world-class supplier of turnkey processing equipment for the Food and Petfood industry with a strong focus on innovation and customisation. The company is active in various highly attractive growth markets serving as a close partner of some of the largest food producers in the world.
Headquartered in Hengelo, the Netherlands, Selo Food Group is active globally and has sales offices in three other European countries. The company is the processing industry’s market leader in high viscous food products and wet petfood. Selo Food Group is driven to act quickly and to create truly long-term relationships with its customers. The company’s customers include all of the leading blue-chip companies in its niche markets of Petfood, Liquid Food and Meat (Substitutes). The management of Selo Food Group sees a lot of potential to grow independently based on its existing relationships and new products in the pipeline.
With the acquisition, Rabo Investments commits to a new opportunity in the Dutch food processing equipment market, and as an F&A ecosystem investor it aims to support Selo Food Group in its next phase of growth.
Selo Food Group
Selo Food Group is a global supplier of food processing equipment and robotics specialised in wet food. The company provides turnkey solutions to blue-chip customers active in Liquid Food for the production of sauces, dressings and soups, Petfood and Meat (Substitutes) markets. Selo Food Group employs c. 100 employees and is headquartered in Hengelo, the Netherlands.
Willibrord Woertman – CEO of Selo Food Group“We are pleased that we have been given this unique opportunity to further develop the Selo Food Group independently with Rabo Investments as a knowledgeable and strong financial partner at our side.
We look forward to collaborating with Rabo Investments and further strengthening our position with our existing, but certainly also new customers in the Food and Petfood industry.
I would also like to thank Squarefield for their professional support of Selo Food Group in this complex process”
Rabo Investments
Rabo Investments is Rabobank’s investment franchise. It has invested over €1.8 billion within Food & Agri, Sustainability and Healthcare sectors. These investments range from growth capital for innovative start-ups and scale-ups to investments in established companies and funds. Recent other investments of Rabo Investments in the Netherlands include Koppert Cress (January 2022) and Havatec (August 2021).