Plukon Food Group shareholder restructuring

Overview:

• Wezep, a consortium consisting of Agrifirm, Gilde Buy Out Partners (Gilde), De Heus, EW Group and Plukon Food Group's (Plukon) management, has formed a new shareholder consortium of Plukon.
• All shareholders have expressed their intention to exit their financial investment in the company after four to six years.
• Plukon Food Group is specialised in fresh, pre-packed products for supermarket chains and fresh and frozen poultry for the food service segment and food industry in north-western Europe.
• Gilde Buy Out Partners is a leading European private equity investor in mid-market transactions.
• Royal De Heus is an international company which operates the production and commercialisation of high-quality animal feeds.
• EW Group is a German based Holding company with subsidiaries operating in the area of animal genetics, animal health and animal nutrition.
• JPMorgan acted as exclusive financial advisor to Gilde.

Wai Yee Tsang - Journalist