Waterland has acquired a stake in “Katjang Pedis”, a Dutch peanut & nuts processing company. Together with management, Waterland intends to build a broader pan-European nuts processing group through an active buy-&-build strategy.
Katjang Pedis was founded in 1993 in St. Maartensdijk (the Netherlands) and has developed into one of the leading peanut & nut processing companies in Europe. Katjang Pedis processes various types of nuts, including peanuts, shell peanuts, almonds, cashew, pistachio, and edible seeds. Katjang Pedis processes the nuts from a raw product into semi-finished and finished products suchs as snacks and food ingredients, which are sold trough various sales channels to retailers and food service companies. The company is furthermore a specialist in the production of semi finished products for the ice cream and confectionary industry. Processing of nuts takes place in Katjang Pedis’ own modern facilities (constructed in 2010), where the company has various oil roasting machines, dry roasting machines and (sugar)coating machines. Katjang Pedis employs c. 35 FTE.
Katjang Pedis and Waterland are joining hands in a shared ambition to build a broader and larger pan-European company in peanuts and nut processing. “Peanuts and nuts consumption has grown significantly in recent years as people become more conscious about their food consumption and are adopting a healthier lifestyle”, said Katjang Pedis CEO Gerard Polderman.
Waterland and Katjang Pedis will pursue its shared ambition to build a larger and broader nut processing company by growing both organically as through “buy-&-build”, where both Katjang Pedis and Waterland will actively look for players in the market with whom it can partner. Polderman: “Waterland has an impressive track record in accelerating growth through buy-&-build. Waterland has executed c. 700 deals in over 100 different markets in the last 20 years, making it an ideal partner to further accelerate Katjang Pedis’ growth.”