Lamb Weston / Meijer reaches agreement with Oerlemans Foods on acquisition of potato division

Afbeelding: oerlemansenlamb

Acquisition provides Oerlemans Foods with the opportunity to completely focus on vegetables and fruit, while allowing Lamb Weston / Meijer to further extend its production capacity

26 April 2017

Lamb Weston / Meijer has reached the completion phase of the acquisition of the potato division of Oerlemans Foods, including a take-over of the plant in Broekhuizenvorst. With the acquisition Lamb Weston / Meijer responds to both the increasing demand for frozen potato products as well as the growth ambitions of its customers. The sale allows Oerlemans Foods to further position itself as a specialist in frozen fresh fruits and vegetables. The transaction is expected to become effective later this year.

Bas Albas, CEO of Lamb Weston / Meijer: “The diverse customer base of Oerlemans Foods’ potato division and the location of its factory in Broekhuizenvorst, makes this a strategic asset to further shape our own growth ambitions and those of our customers.

The Oerlemans Foods plant fits very well in the existing network of Lamb Weston / Meijer locations in the Netherlands. This acquisition increases production capacity by 85,000 tons. With the acquisition of the potato division of Oerlemans Foods, Lamb Weston / Meijer has a total of four production sites in the Netherlands, with which it reinforces its leading position in the international market for frozen potato products.

The sale of the potato division fits the Oerlemans Foods’ strategic choice to focus solely on the frozen fresh fruit and vegetables market. Oerlemans Foods aims to increase its position in this growth market by further extending the strong position it has in the domestic markets in Northwest Europe and Poland, by strengthening its presence in the frozen organic segment and by accelerating its growth aspirations both within and outside Europe. Oerlemans Foods is convinced to have found a strong party in Lamb Weston / Meijer to take over its potato activities.

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About Lamb Weston / Meijer

Lamb Weston® is a world leading brand in high quality potato products, and is sold in over 100 countries around the world. Lamb Weston / Meijer serves markets in Europe, the Middle East, Africa (EMEA) and Brazil. In addition, Lamb Weston / Meijer established a Joint Venture with the Russian Belaya Dacha to build a French fry factory in Russia. The company supplies frozen potato products like Twisters®, Potato Dippers and Connoisseur Fries to customers in the Foodservice, Quick Service and Retail segments. Lamb Weston / Meijer is also an ingredient solutions provider for the food industry. For more than 20 years, Lamb Weston / Meijer has led the industry in innovation, by introducing inventive products that add convenience to the operations of its customers. From the fields where their potatoes are grown, to proactive customer partnerships, Lamb Weston / Meijer always raises the bar. Lamb Weston / Meijer has its headquarters in Kruiningen - the Netherlands. The company operates five factories: three in the Netherlands, one in the United Kingdom and one in Austria. Lamb Weston / Meijer employs 1,300 people.

www.lambweston.eu

 

About Oerlemans Foods

Oerlemans Foods was founded in 1977 and is traditionally a producer and supplier of freshly frozen vegetables, fruit and potato products. Next to the domestic markets in Northwest Europe and Poland, Oerlemans exports to more than 40 countries worldwide. Oerlemans Foods focuses primarily on the development and production of private labels for the retail channels but also has a strong position in the food service channel with the Oerlemans Foods brand. The company has around 700 employees spread over four locations: the headquarters in Venlo and the four production companies in the Netherlands and Poland. Since 2014, the Oerlemans Foods shares are held by H2 Equity Partners and the management of Oerlemans.

www.oerlemans-foods.com

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