Merger between Foppen Groep and Klaas Puul Beheer

Foppen Holding has reached an agreement with Klaas Puul Beheer for the merger between Foppen Groep and Klaas Puul.

Both companies are well-known in the processing of salmon and shrimps and have a long history in the food processing industry. Klaas Puul Beheer is majority owned by sponsor H2 Equity Partners. The two companies generate a combined turnover of over €300 million, with Klaas Puul posting sales of around €175m in 2017 and Foppen c. €150m. Quore Capital acted as sole financial advisor to the shareholder of Foppen Holding.

June, 2018

• Client: Foppen Holding
• Target: Foppen Groep
• Buyer: Klaas Puul Beheer
• Seller: Foppen Holding