H2 Equity Partners acquires Oerlemans

H2 Equity Partners (“H2”) is pleased to announce that on March 7, 2014, it entered into an agreement with Vion Food Group (“Vion”) for the intended acquisition of Oerlemans Food B.V (“Oerlemans”).

Oerlemans is a specialised manufacturer and supplier of frozen fresh vegetables, fruit and potato products with four production facilities in The Netherlands and Poland and is headquartered in Venlo (NL). The company has revenues of approximately €135 million and employs 740 staff. Oerlemans offers a range of 1000+ products and through its brands Oerlemans, Keizer, Bio+ and Bauer serves customers in the international foodservice, retail and industrial markets.

From its excellent starting position, H2 plans to further develop Oerlemans’ operations in both The Netherlands and Poland.

Due to regulatory approvals, the transaction is expected to be completed in Q2 2014.

Terry Musson

The Amberon Group is a market leading traffic management provider to the utilities and Local Authority markets. Amberon was established in May 2002 with our first depot in Paignton, South West England. Our founding core principles remain at the heart of everything that we do and our continued desire to achieve our purpose; to provide the best service in the Traffic Management sector. This has been the foundation for our success and has cemented our position as the market leader in TM.

During the initial transaction we never felt under any pressure & instantly recognised we would become part of the family. H2 took the time to listen to our views & business strategy, it was obvious from the very beginning that they would be the perfect partner for us.

The guys at H2 have enabled us to continue the momentum & have provided the expertise & knowledge to help us continue on the journey to constantly improve our service offering.

Working with H2 during the last 2 years has given us additional support not just financially but the advice & expertise has helped analytically & strategically.

The ambition and the drive H2 have is extremely infectious & continues to assist the group to overachieve.

It’s enormously reassuring to know H2 will always be at the end of the phone to offer advice but heartening to know they have the trust in us to deliver.