HOLZMINDEN, GERMANY — On Jan. 7, Symrise announced its full acquisition of Netherlands-based Schaffelaarbos, a manufacturer of sustainable egg proteins used in pet food, from previous private equity owner Intersaction. The closing of the acquisition is expected to end in January 2022. The payment amount was not disclosed.
According to Symrise, the acquisition will further expand its pet food capabilities and will also allow the company to become a leader in providing sustainable proteins to the pet food and treat industry.
“The acquisition of Schaffelaarbos represents a prime opportunity to accelerate Symrise’s ambition to become a reference global player in pet nutritional solutions, while contributing to a positive circular food system,” said Dr. Jean-Yves Parisot, president of flavor and nutrition at Symrise. “The combination of our activities of ADF/IsoNova in the USA and the leading position of Schaffelaarbos in the EU will enable us to even better serve our customers with a global portfolio and a regional supply chain – thereby further increasing customer intimacy. By bringing the two leading experts in the sector together, we will expand our product range in the area of high-quality protein from eggs, enhancing at the same time further our value proposition in Taste, Nutrition and Health.”
This is Symrise’s second acquisition within the pet nutrition industry, the first being its 2019 acquisition of ADF/IsoNova, a provider of chicken and egg proteins in the United States pet food market.
A leader in sustainable egg protein manufacturing in Europe, Schaffelaarbos processes eggs unsuitable for human consumption into pet food to decrease unnecessary waste. With 39 employees total, the company has an automated facility in Barneveld, Netherlands, as well as a facility currently under construction in Turkey.
“I am very enthusiastic about this transaction,” said Mathieu Woltring, chief executive officer, Schaffelaarbos. “Our two organizations both value the industrial proximity to our clients and share a common vision based on the valorization of by-products. We will accelerate our journey together and join forces in making the pet food business even more sustainable in the future.”
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