Marubeni Corporation (“Marubeni”), a diversified trading conglomerate from Japan, has acquired a significant minority stake in Euroma Holding B.V. (“Euroma”), a top-3 European company specialized in herbs and spices. Marubeni is a strategic partner, who has the intention to become 100% shareholder in due time and to facilitate Euroma’s further growth to deliver the most innovative products based on herbs and spices to leading international food partners.
Bert Bakker, CEO Euroma: “We see Marubeni’s interest in joining Euroma as a confirmation of the unique knowledge and expertise that Euroma offers in the development and creation of natural food solutions. In strong partnership with our shareholder Parcom since 2017, Euroma has grown into a leading European player with a state-of-the-art production facility. In Marubeni we have a new long-term strategic partner with whom we can further accelerate our international growth. With our brand new R&D and production center in Zwolle as a solid basis, this strategic combination offers plenty of opportunities for our customers and our employees.”
Marco van Vliet, Parcom: “It has been a pleasure to support Euroma on its growth trajectory since 2017. We reflect with pride on the milestones we have achieved together with management – from successfully integrating a key competitor to opening a truly impressive new facility in Zwolle. We believe Marubeni is fully committed to Euroma’s ambitions for the future and will be a valuable long-term partner for the company. Together with Marubeni we will do our utmost to support Euroma in the coming period”.
Expand unique position of Euroma
Euroma has been active for more than 120 years in the development of high-quality, healthy, sustainable and food-safe ingredients based on herbs and spices from around the world. With the acquisition of Intertaste in 2018, Euroma has become a top-3 player in the European market.
With its brand new state-of-the art production site, where it uses differentiating processing technologies, Euroma meets the highest quality standards within Europe and has leading development capabilities. This puts the company in an excellent position for further international growth.
As a leading partner for the international food industry, Euroma develops flavour solutions based on herbs and spices since 1899. The company is a renowned pioneer in the European food sector, with a Top 3 position in its field. Euroma has over 120 years of experience in the chain from field to plate. Taking natural ingredients as the starting point, the company uses its extensive knowledge of food technology and applications to develop superior flavours and textures across a wide range of food categories.
Supported by Parcom, Euroma acquired Intertaste in 2018 and subsequently consolidated production footprint into a new state-of-the-art production facility in Zwolle, The Netherlands. The new production facility accommodates the entire process, from steam treatment, grinding and blending herbs and spices to developing a broad portfolio of flavour solutions for the food industry and consumers. Euroma also has production facilities in Nijkerk (NL) and Schijndel (NL) for liquid products such as dressings, marinades, soups and sauces.
End of 2020 the company employed around 650 employees and had a turnover of €230 million.
More information: www.euroma.com
About Marubeni Corporation
Founded in 1858, Marubeni Corporation and its consolidated subsidiaries use their broad business networks, both within Japan and overseas, to conduct importing and exporting (including third country trading), as well as domestic business, encompassing a diverse range of business activities across wide-ranging fields including lifestyle, ICT & real estate business, forest products, food, agri business, chemicals, energy, metals & mineral resources, power business, infrastructure project, aerospace & ship, finance & leasing business, construction, industrial machinery & mobility, and next generation business development. Additionally, the Marubeni Group offers a variety of services, makes internal and external investments, and is involved in resource development throughout all of the above industries.
Marubeni Corporation employs 4,389 people. The company holds activities in 133 branches with offices in 68 countries and regions, consisting of 12 Japan branches and offices, 58 overseas branches and offices, and 29 overseas corporate subsidiaries containing 33 branches and offices.
More information: https://www.marubeni.com/en/