The European joint venture of US-based potato products supplier Lamb Weston Holdings, Lamb-Weston/Meijer, is acquiring the potato division of Dutch firm Oerlemans Foods for an undisclosed sum.

Lamb Weston said yesterday (26 April) it had signed an agreement for the acquisition, which includes a frozen potato processing facility in the Netherlands. The deal is expected to be completed later this year.

The company said the acquisition will add 185 million pounds of production capacity to the existing network of Lamb-Weston/Meijer – which supplies frozen potato products such as its Twisters brand to the foodservice, quick service and retail sectors – “and will provide opportunities for further expansion”.

On completion of the acquisition, Lamb-Weston/Meijer will have four production sites in the Netherlands, as well as one in the UK and one in Austria.

Lamb Weston CEO Tom Werner said: “Our partnership with Lamb-Weston/Meijer, together with our operations in North America, allows us to reach customers around the world from key locations in the United States and Europe.”

Werner said: “This strategic acquisition is consistent with our investments to strengthen our position in the global industry, and to better support the increasing demand for frozen potato products and growth ambitions of our customers in Europe and abroad.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Oerlemans said the deal would allow it to “focus solely on the frozen fresh fruit and vegetables market”. The company specialises in freshly frozen vegetables, fruit and potato products for retail and foodservice.