Dutch potato processor Peka Kroef B.V. strengthens its position in the market of chilled products with the acquisition of Frespo B.V.

Dutch potato processor Peka Kroef B.V. entered into a purchase agreement with investment company Nimbus on March 14 2024, regarding the acquisition of potato processor Frespo B.V., the former Aviko site in Cuijk.

With the acquisition of Frespo, Peka Kroef strengthen their position as a leading player in the market for chilled potato products and significantly expanded their capacity to meet the growing demand for high-quality potato products.

By increasing capacity, Peka Kroef can not only better meet existing market demands and customer demands, but they can also efficiently capitalize on growth opportunities offered by new markets and segments. This strategic move will enhance operational efficiency and create new opportunities for product innovation and development.

Nimbus is very enthusiastic about the successful privatization and the recent developments of Frespo and see Peka Kroef as the ideal partner to continue and expand the business successfully. Frespo have become a successful independent company and Nimbus see many opportunities and possibilities for the future for Frespo's existing stakeholders, including its employees, in this new constellation with Peka Kroef.

Anouk ter Laak, CEO of Frespo:
 

"With Peka Kroef as new owner of Frespo, we look confidently to the future of Frespo and their employees. Over the past year, together with Nimbus, we have worked intensively and successfully on the autonomy of Frespo, resulting in a solid and high-quality company. As part of Peka Kroef, Frespo now have the opportunity to focus on new growth opportunities and further development together with Peka Kroef."

Edwin Holleman, CEO of Peka Kroef:
 

"The acquisition of Frespo marks an important milestone for our wonderful family business. We are convinced that this strategic step will help us even better meet the needs of our customers and explore new opportunities for growth and innovation."

"The committed team in Cuijk and their years of expertise in the production of chilled potato products will help us further strengthen our position as a leading player in the potato processing industry."

Peka Kroef look forward with confidence to the successful integration of activities in Cuijk. This to continue providing customers with high-quality potato products with maximum delivery performance and service.