Zwanenberg Food Group has sold a majority stake in Anur Halal Foods to Victus Participations, an investment fund focused on the food and agricultural sectors.
While the size of the stake and financial terms was not disclosed, Zwanenberg said in a statement the company, and René Hochstenbach, the current general manager of Anur Halal Foods, will retain “minority shareholdings”. All of the parties involved are based in the Netherlands.
Hochstenbach has already vacated the general manager position, with Martijn Hol taking over the reins at Anur. However, Hochstenbach will stay on “during the coming months” to complete the handover and will sit on the board of directors, along with his successor.
Albert Baan will continue to serve as Anur’s head of finance. The company produces fresh and frozen premium halal food products distributed in ethnic stores and supermarkets in the Netherlands, Belgium, Germany, France, the UK, Spain and Scandinavia, according to its website. It also supplies foodservice channels.
New general manager Hol was previously a shareholder and commercial director of Engel Foreign Food, a Netherlands-based supplier of food products from around the world.
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Zwanenberg, which acquired Anur Halal Foods in 2005, said in the statement: “The demand for high quality halal products in Europe is growing steadily. The investment and network of Victus will help Anur Halal Food to realise its ambitious goals and continue its growth path in Europe. Zwanenberg Food Group will remain involved as shareholder and producer in order to guarantee the high quality of the production process as well as end products.”
In 2017, Zwanenberg sold its sliced meats and artisan meat products business to Ter Beke of Belgium.