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May 20, 2021

Dutch condiments firm Remia buys foodservice oil assets

Remia, the Netherlands-based ketchup and mayo maker, has acquired operations that manufacture edible oils and fats for foodservice customers from Belgian ingredients group Wouters.

Remia said the deal would improve its presence in the foodservice markets of Belgium and France, with the company eyeing cafeteria and chip-shop customers. The company said Wouters’ production of oils and fats would be “gradually transferred” to its own factory in the Dutch town of Den Dolder “in the coming months”.

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The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
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Financial terms were not disclosed.

“Wouters has a strong position in the Belgian foodservice market, where Remia itself plays a limited role,” Remia general director Karel de Rooij said. “With this step, we give a nice boost to our position in the Benelux.”

The turnover generated by Wouters’ oils and fats business amounted to approximately EUR20m (US$24.4m) in 2020, Remia said. Lokeren-based Wouters will continue to focus primarily on the production and sale of bakery ingredients.

Known in the Netherlands for its namesake condiments, family-owned Remia produces sauces, margarines and fats for consumers, foodservice and industrial customers. The company’s brands also include De Marne, Gouda’s Glorie and Yildriz. The business offers private-label production and exports to more than 100 countries.

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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