M&A Deal Summary

Sykes Seafood Acquires Klaas Puul B.V.

On December 29, 2019, Sykes Seafood acquired food company Klaas Puul B.V. from H2 Equity Partners

Acquisition Highlights
  • This is Sykes Seafood’s 1st transaction in the Food sector.
  • This is Sykes Seafood’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2019-12-29
Target Klaas Puul B.V.
Sector Food
Buyer(s) Sykes Seafood
Sellers(s) H2 Equity Partners
Deal Type Add-on Acquisition

Target

Klaas Puul B.V.

Volendam, Netherlands
Klaas Puul B.V. is a provider of shrimp processing services. Klaas Puul was founded in 1968 and is based in Volendam, Netherlands.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Sykes Seafood

Manchester, United Kingdom

Category Company
Founded 1862
Sector Food
DESCRIPTION

Sykes Seafood is a provider of warm water shrimp to the catering industry. Sykes Seafood was founded in 1862 and is based in Manchester, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2019 M&A 1 of 1

Seller(S) 1

SELLER

H2 Equity Partners

Amsterdam, Netherlands

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1991
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION
H2 Equity Partners' Amsterdam headquarters.
H2 Equity Partners' Amsterdam headquarters.

H2 Equity Partners is an independent private equity group focused on mid-sized turnaround-and-growth investments in the Benelux, Germany, and the UK. H2 looks for businesses facing operational, financial and/or managerial challenges, or sectors 'poised for consolidation'. H2 is a generalist investor, with no specific areas of interest. However, in the past, the firm has targeted opportunities in paper/board, steel, healthcare, media/communications, building products, consumer products, and fashion. H2 can invest in the rang of €5 to €25 million per transaction. H2 Equity Partners was formed in 1991 and has offices in Amsterdam, Munich, and London.


DEAL STATS #
Overall 27 of 37
Sector: Food M&A 2 of 2
Type: Add-on Acquisition M&A Deals 14 of 21
Country: Netherlands M&A 18 of 23
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-01 Mill Panel

Mill, Netherlands

Mill Panel is a developer and manufacturer of flat wooden exterior door panels, as well as for wooden sandwich panels, primarily aimed at compact houses. Mill Panel was founded in 1971 and is based in Mill, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-27 Optegra

London, United Kingdom

Optegra is an eye healthcare provider treating A-Z eye conditions that is supported by dedicated optometrists, healthcare technicians and consultants who provide a wide range of procedures including lens replacement (Clarivu), laser eye surgery, cataract removal, glaucoma, and AMD. Optegra was founded in 2007 and is based in London, United Kingdom.

Buy -