Oerlemans Foods sells potato division to Lamb Weston / Meijer
Our client, Oerlemans Foods, a portfolio company of H2 Equity Partners since 2014, has sold its potato division to Lamb Weston / Meijer, including the sale of the frozen potato processing facility in Broekhuizenvorst with a production capacity of approximately 85,000 tons.
Oerlemans is a producer and supplier of freshly frozen vegetables, fruit and potato products. In addition to its domestic markets in Northwest Europe and Poland, Oerlemans exports to more than 40 countries worldwide. Oerlemans focuses primarily on the development and production of private label products for the retail channels but also has a strong position in the food service channel.
The sale of the potato division fits Oerlemans’ strategy of focussing solely on the frozen fresh fruit and vegetables market and the acquisition reinforces Lamb Weston / Meijer’s leading international position in frozen potatoes.