Marvesa - Squarefield

On February 3, 2025, Parcom concluded the sale of its 48% equity stake in Marvesa Supply Chain Services (“Marvesa”) to SD Guthrie International Limited (“SD Guthrie”) for a consideration of EUR 54m. Alongside co-shareholder BGR Beheer B.V. (“management”), who holds 52%, the partnership will further invest in growth and long-term success.

Marvesa is a supply chain integrator in functional oil solutions for the animal nutrition and renewable energy & biofuel industries, and a pioneer in its sector with respect to food safety, sustainability and transparency.

Led by founder and CEO Bart De Bruycker and current key management members, Marvesa boasts a proprietary product assortment and has established a position as the European market leader. The company and management team will continue the growth trajectory by partnering with one of the industry’s largest producers of sustainable palm oil globally, known for its commitment to responsible use of resources and sustainability practices.

With the acquisition of Marvesa, SD Guthrie strengthens its downstream activities, adds specialised logistics capabilities in Europe, South and Central America, and Asia, and expands its commercial footprint into the European animal feed market. SD Guthrie will leverage its expertise in R&D and direct access to upstream activities within the palm oil value chain to support the further development of Marvesa’s products and penetrate additional high-value animal nutrition markets.

Parcom

Parcom is a Dutch investment firm with an inherent focus on value enhancement by creating a balance between pragmatic, profound analysis and an entrepreneurial mindset for creative solutions. Parcom aims to unlock the commercial and operational potential of its portfolio companies through a hands-on mentality and close collaboration with management. Parcom’s assets under management exceed EUR 2 billion, and the firm has invested in over 160 companies since its inception in 1982. Parcom is headquartered in Amsterdam, the Netherlands.

Marvesa

Established in 2010, Marvesa is active in the production and logistics of oils and fats used as feed additives or inputs for renewable energy. Its products are based on by-products of processed vegetable commodities, such as soy, palm, rapeseed, and sunflower seeds, which are sourced directly from processors, palm refineries, renderers and collectors globally. There is a strong interdependency between suppliers and Marvesa. Through further processing and proprietary recipes, these products improve animal health and contribute to efficiency. Marvesa stands out for its high-grade products, extensive R&D activities for continuous product improvement, and full supply-chain control. With business units in the Netherlands, Germany, and additional tank terminals in Spain, Argentina, and Indonesia, Marvesa operates globally, close to its suppliers and customers.

SD Guthrie International Limited

SD Guthrie International Limited produces and sells oils and fats, oleochemicals, palm oil-based biodiesel, nutraceuticals, and other palm oil derivatives for both food and non-food segments through a network of refineries, kernel crushers, and sales offices in 11 countries in Asia, Oceania, Europe, Africa, and the US. SD Guthrie International Limited represents the downstream activities of SD Guthrie Berhad, formerly known as Sime Darby Plantation Berhad, a leading integrated plantation company and one of the largest producers of sustainable palm oil. SD Guthrie Berhad generates over EUR 3.5 billion in revenue and is listed on the stock exchange of Malaysia.