Anders Invest Food & Agri Fund participates in Poultry Company Hillco B.V. Anders Invest Food & Agri Fund has acquired a majority stake in Hillco Poultry Company B.V. The company produces and sells chicken products for the Dutch, Belgian, and German foodservice markets. Together with the new management team – Jaap Randewijk and Dinand Heijkamp – as well as the existing Hillco team, the focus will be on further growing the business in existing and new markets. Hillco Poultry Company B.V. is a Dutch family-owned business that has specialized in processing responsible chicken products for over 40 years. Under the brand Family Chicken, Hillco offers a thoughtfully curated range of chicken products aimed at the foodservice sector. Particularly, restaurants, fast-food chains, caterers, and gas stations are among the key target groups. With a strong focus on taste, quality, stability, and clear pricing policies, Family Chicken has secured a strong position in the Dutch foodservice industry. Additionally, Hillco aims to significantly expand its own brand "Smikkelkip" in the coming years. The company has been transferred from the Van den Brink family to Anders Invest, Dinand Heijkamp, and Jaap Randewijk. The reason for this is that the Van den Brink family sees ample growth opportunities for Hillco and is seeking a suitable new owner to realize these growth opportunities. Therefore, it has been agreed that Dinand Heijkamp and Jaap Randewijk will lead the management and, together with Anders Invest, implement the growth strategy. After a transition period, the Van den Brink family will focus on other activities. Evert Hein Schuiteman, partner at Anders Invest, is pleased with the arrival of Hillco: "They are a major player in the market with a substantial turnover and solid margins. I am impressed by the high-quality products and the team's expertise in product development and sales. The market is also interesting; although meat consumption per capita is slightly declining, we see growth in the consumption of high-quality chicken snacks, especially in the foodservice channel. This inspires confidence, and we anticipate a wide range of opportunities for Hillco's positioning and strategy." Ap van den Brink, one of the sellers, says, "We are glad that we could transfer it this way. The enthusiasm and energy of Jaap, Dinand, and the whole team, together with the ambitions and professional support of Anders, provide confidence for the future. Additionally, it is our desire that the Biblical truth of Psalm 127:1 will not be forgotten in the future. Unless the Lord builds the house, the builders labor in vain. Unless the Lord watches over the city, the guards stand watch in vain." For more information: Anders Invest: http://www.andersinvest.nl/ Evert Hein Schuiteman (Partner Anders Invest food & agri fund) – +31 6 55 766 513 / Evert Hein Schuiteman ehschuiteman@andersinvest.nl Jurjen van der Werf (Investment Manager Anders Invest) - +31 6 23 80 27 83 / jvanderwerf@andersinvest.nl Hillco Poultry Company: www.hillcopoeliersbedrijf.nl
10 may 2024
Michael Advocaat joins Food & Agri Fund Anders Invest is pleased to announce that Michael Advocaat has joined the investment team of the Food & Agri Fund as a Senior Associate. Michael (1994) studied International Business Administration and Finance & Investments at the Rotterdam School of Management (RSM). After his studies, he started as an M&A consultant at boutique Mahler Corporate Finance, where he was involved in 7 closed transactions over 3 years, including for a key client in the Agri sector. Following this, Michael gained experience as CFO at IoT scale-up SODAQ (40 FTE), where he established the finance department and ERP system, raised equity & debt funding, and served as finance manager at VC-backed Joint Venture Basetime. Within Anders Invest, Michael is primarily involved in supporting acquisition processes and portfolio companies.
26 april 2024
Bart Leemans becomes co-shareholder of Service2Fruit After a year of service as director of Service2Fruit, Bart Leemans becomes a co-shareholder of our portfolio company. Service2Fruit is the online trading platform for fruit, which strives for fairness and transparency in the industry in an innovative way. Bart Leemans mentions that the idea of becoming a co-owner had been brewing for a while, and there was a good feeling and a clear vision for the future from both sides. Despite his level-headedness, there is also a sense of pride: 'I find it exciting, it signifies a level of trust and mutual commitment." "In the coming years, we will work tirelessly to expand our mission to other product categories. We truly embody this at Service2Fruit; 'always a fair deal' is still far from being the norm in most product categories. We are currently busy with the launch of the platform for potatoes and developing modern software that can easily adapt to the dynamics of the respective sector. We aim to make the trade in the fresh produce world fairer and more transparent, and we have a proven value proposition. It's time to take really big steps now; I do like to stir things up a bit."
11 april 2024
Roland Veugelers joins Food & Agri Fund Anders Invest is pleased to announce that as of February 1, 2024, Roland Veugelers has joined the investment team of the Food & Agri Fund as a senior investment manager. Roland brings both extensive investor experience and knowledge and a network in the national and international food and agriculture industry. Roland previously worked at Rabobank as a Food & Agri M&A advisor on acquisitions by investors and multinationals in all sectors from 'farm to fork'. Over the past five years, he has worked at a private equity firm focused on the Dutch SME sector. Here, he supported management teams with issues regarding their commercial proposition, international expansion, financing, and making strategy measurable. Roland Veugelers: "I am looking forward to joining the Anders Invest team and being able to make a positive contribution. With its long-term investment philosophy, Anders Invest distinguishes itself in the Dutch investment landscape. Combined with our Food & Agri sector specialization, we offer a unique combination of a reliable investor with expertise. In this way, we can provide a good home for companies with succession issues, but we are also equipped to help entrepreneurs who want to further grow their business. I am happy to contribute as an involved shareholder to building long-term businesses."
27 march 2024
GMM Food & Agri Fund On Thursday, November 16, the general meeting of the Anders Invest Food & Agri Fund took place at the portfolio company Lamboo Dried and Deco in Lisse. The 5th general meeting was held in the presence of fund members, led by Frederique de Bruin, the new chairperson of the Advisory Board. After the meeting, Francis, Jan, and Koos Lamboo provided a tour of the impressive production, storage, distribution, and sales facility in Lisse of the dried flowers and decoration company, known for its quality and reliability. During an interview conducted by Investment Director Saskia Korink, Francis and Jan spoke enthusiastically about the company's history and their reasons for partnering with Anders Invest. When the third generation Lamboo also came to check in, the picture was complete, and the gathering was very successful. Thanks to all members of the Food & Agri Fund for their presence and to the Lamboo family for their hospitality.
24 november 2023
Organic Flavour Company acquires Teamasters Organic Flavour Company (OFC), a producer of organic tea, herbs, and spices, is pleased to announce that it has acquired a 100% stake in Teamasters on September 13, 2023. This strategic acquisition enables OFC to expand its product portfolio and achieve synergies in procurement and production. Teamasters specializes in the production of premium organic tea in pyramid bags and primarily focuses on private label production. The key motive behind this strategic acquisition lies in the synergies between the two companies. These synergies extend not only to the product offering but also to procurement and production. Steven Kleinjan, founder and former owner of Teamasters, will acquire a stake in OFC and will serve as the Chief Commercial Officer (CCO) at OFC, contributing to the continued growth of both companies. "With this merger, a broader range of herbs, spices, and teas in various packaging forms can be developed and produced. As a result, we have become an even more attractive partner for private label customers," said Steven Kleinjan, founder and owner of Teamasters, and in the new situation, the Chief Commercial Officer of Organic Flavour Company. For more information, please contact: Steven Kleinjan (CCO, OFC) – +31 6 22 45 20 26 / steven@teamasters.nl Peter van de Steeg (CEO, OFC) – +31 6 12 28 64 82 / p.van.de.steeg@ofc.nl Evert Hein Schuiteman (Partner, Anders Invest) – +31 6 55 76 65 13 / ehschuiteman@andersinvest.nl
26 september 2023
Anders Invest Food & Agri fund participates in Lamboo Dried & Deco The value-driven Food & Agri Fund of Anders Invest has acquired a stake in Lamboo Dried & Deco. Lamboo was founded in 1982 by Koos Lamboo, father of the current owner and CEO Jan Lamboo. During the last 40 years, the company developed into a leading player in the dried flowers and natural decorations industry. With this cooperation, Lamboo aims to strengthen its unique position as integrator in the dried flowers supply chain and together with its partners, further achieve its international growth ambitions. The Boards of Anders Invest Food & Agri and Lamboo finalised the partnership on 20 June. For clients and suppliers of Lamboo nothing will change. Furthermore, the activities of the company will be continued under the same name. Jan Lamboo remains the CEO of Lamboo Dried & Deco. At Anders Invest, Evert Hein Schuiteman will be responsible for the support of Lamboo. Jan en Francis Lamboo: “Together with our team, we have worked on establishing a unique company and brand in the dried decorations space. Craftmanship, high quality and sustainability are the most important pillars at our company. At Lamboo Dried & Deco, we were looking for a partner that is able to help guarantee the continuity and ambitions of our company. Anders Invest Food & Agri has a long term vision and a focus on sustainability. This made them the best partner for us to cooperate with” Evert Hein Schuiteman, partner Anders Invest: “We are very proud to welcome Lamboo Dried & Deco as the eleventh investment in our portfolio. Our portfolio can be characterised by companies that produce or distribute high quality products. In that sense, Lamboo is a perfect fit for Anders Invest. Our market research confirmed that Lamboo is known worldwide for its high quality products and innovative concepts. On top of this, we are impressed with the strong foundation that has been laid by Jan and his father Koos over the past 40 years. This makes the company ready for further growth. We are looking forward to working together on achieving Lamboo’s growth ambitions in the coming years.” Rembrandt F&O en Wijn & Stael advised Lamboo and its shareholders in this transition. MA Law advised Anders Invest.
17 august 2023
Food & Agri Fund completes financing round of 25 million The Anders Invest Food & Agri Fund successfully completed a financing round recently. In this round, over 25 million euros was raised to invest in Food & Agri enterprises with approximately 10 million euros in revenue over the next 12 months. The fundraising goal for this capital round was 25 million euros, which was partially raised from existing investors, as well as from 82 new investors. We are thrilled to have introduced so many new parties to the fund alongside our existing investors and are looking forward to fruitful collaborations. The Anders Invest Food & Agri Fund has an indefinite duration and invests in companies without being driven by exit strategies, with a focus on the long term.
31 july 2023
Start Roderik as investment manager Food & Agri As of March 1st, Roderik Bronkhorst (1987) has joined the Anders Invest Food & Agri team as an Investment Manager. He has 10 years of experience in international M&A and corporate finance at Rabobank and Chestnut Corporate Finance. During this time, he was predominantly focused on advising companies in the Food & Agriculture sector. Roderik holds a bachelor’s degree in Economics & Business Economics from Utrecht University and a master’s degree in Financial Economics from Erasmus University in Rotterdam. Together with Evert Hein Schuiteman, Theo van Stuijvenberg and Jurjen van der Werf, Roderik will continue building the Anders Invest Food & Agri Fund
07 march 2022
