Go to deals
Food & Beverage

IDB Belgium NV has been acquired by Royal FrieslandCampina NV

The Irish commercial co-operative and exporter of Irish dairy products, The Irish Dairy Board Co-operative Society Limited (IDB), has sold its Belgian cheese packing subsidiary, IDB Belgium NV, to Royal FrieslandCampina NV, the Netherlands-based provider of dairy products, fruit drinks and ingredients, for an undisclosed consideration.

IDB Belgium is a pre-packer of hard and semi-hard cheeses. The company is one of the largest packers in Belgium and its products are sold to retailers, both under brands and private label, as well as to food producers and the food service sector.

Royal FrieslandCampina NV produces and sells dairy-based beverages, infant nutrition, cheese and desserts in many European countries, in Asia and in Africa via its own subsidiaries. Dairy products are also exported worldwide from the Netherlands. In addition, products are supplied to professional customers, including cream and butter products to bakeries and catering companies in West Europe.

The proceeds of the transaction will be used in strengthening IDB’s growth plans and acquisition prospects.

Oaklins' team in Ireland advised the seller in this transaction.

Service
M&A sell-side
Parties

Talk to the deal team

 Ted  Webb

Ted Webb

Managing Director
Dublin, Ireland
Oaklins IBI

Related deals

Vinatis has been acquired by Groupe Castel
Consumer & Retail | Food & Beverage

Vinatis has been acquired by Groupe Castel

The two co-founders of Vinatis have sold their company to Castel Group, the leading wine producer in France and Europe.

Learn more
St. Johns Food Service has been acquired by SJFS Holdings
Consumer & Retail | Food & Beverage

St. Johns Food Service has been acquired by SJFS Holdings

The shareholders of St. Johns Food Service, Inc. have sold the company to SJFS Holdings, LLC.

Learn more
Wine Invest – NG Vins has been acquired by a French Family Office
Consumer & Retail | Food & Beverage

Wine Invest – NG Vins has been acquired by a French Family Office

The executive shareholder of Wine Invest – NG Vins Group has sold a short majority of the company to a French Family Office.

Learn more