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DP&S has become part of Verstegen Spice Group

Dutch Protein & Services (DP&S) has become part of the Verstegen Spice Group and will be positioned as an independent operating company within the group, the family-owned business of Michel Driessen, which also includes Verstegen Spices & Sauces. Through the transfer of shares from Chris Driessen to his brother Michel Driessen, the family businesses are reunited, creating a solid foundation for the next phase of growth.

DP&S is an innovative developer and producer of functional ingredients, coating systems and flavor solutions for a pan-European customer base of food processors. Its solutions are tailor-made and aligned with the specific requirements of each customer, underlining the company’s customer-centric approach and strong focus on co-creation. Founded in 1927, DP&S is headquartered in Tiel and operates sales offices in Greece and Turkey. The company employs approximately 150 people.

Verstegen produces high-quality herbs, spices, sauces and marinades for retail, the food industry, fresh specialists and foodservice. The family-owned company was founded in 1886 and is owned by the fourth generation. Verstegen is headquartered in Rotterdam, employs more than 550 people and aspires to be the world’s most sustainable herb and spice company, offering products of the highest quality.

Oaklins’ team in the Netherlands acted as the exclusive M&A advisor to the shareholder of DP&S, guiding them through a highly tailored, one-on-one process that made it possible to keep the company within the family. The shareholder of DP&S selected Oaklins due to its strong track record in advising family-owned companies, combined with deep experience in the food ingredients and food and beverage sector, as well as a hands-on, client-centric approach.

Parties
“I am very grateful that, together with my brother, I have been able to reunite Dutch Protein & Services as an independently operating company within the Verstegen Spice Group. This is a significant step that will stimulate further growth across the entire group. We both always look at least one generation ahead, and even over the long term we see substantial additional strength and potential emerging. Oaklins guided me step by step through every phase of the process. The team provided clear insights into the available options and the key decision points, enabling me to make well-informed choices. All this allowed me to go through the process in good harmony and to come out of it with a positive feeling.”

Chris Driessen

Adviser, former CEO and owner, DP&S

Talk to the deal team

Frank de Hek

Managing Partner
Amsterdam, Netherlands
Oaklins Netherlands

Jan-Pieter van Doorn

Director
Amsterdam, Netherlands
Oaklins Netherlands

Lars van Werde

Associate
Amsterdam, Netherlands
Oaklins Netherlands