Food and Beverage Business

Japanese company Marubeni aims to acquire complete ownership of Dutch spice company Euroma.

Japanese company Marubeni aims to acquire complete ownership of Dutch spice company Euroma. Shelf-stable Food and Beverage Business

Japanese conglomerate Marubeni has announced a deal to acquire full control of Euroma, a Netherlands-based herbs and spices manufacturer. Marubeni, which previously held a 30% stake in Euroma, has reached an agreement to become its sole shareholder, pending approval by competition officials in the Netherlands. The financial details of the transaction have not been disclosed.

Euroma CEO Bert Bakker expressed enthusiasm for the deal, describing Marubeni as a “long-term strategic partner” that can help the company “accelerate its international growth.” Bakker further stated, “We are very excited that Marubeni acquires the remaining shares in Euroma and see this as a confirmation of the unique knowledge and expertise that Euroma offers in the development and creation of natural food solutions.”

The move by Marubeni has been recognized as an important strategic initiative. Marubeni aims to leverage Euroma’s expertise in the food ingredients market, particularly in the growing segment of herbs and spices driven by consumer trends such as clean label, natural flavor, and salt reduction. Jun Horie, senior managing executive officer of Marubeni, expressed the company’s vision to introduce Euroma’s expertise outside Europe by leveraging Marubeni’s global footprint and customer base.

Commenting on the impact of the proposed transaction on Euroma’s operations, a company statement indicated that the deal will not affect its staff. The company will “continue to operate independently, with its own board of directors and supervisory board.” This move aligns with Marubeni’s intention to maintain Euroma’s autonomy while fostering innovation and growth.

Tokyo-headquartered Marubeni is a diversified conglomerate with interests across sectors including food, chemicals, and energy. On the other hand, Euroma, headquartered in Zwolle, Netherlands, produces a range of food products, including herbs, spices, seasonings, sauces, and meal solutions. The company operates three production facilities across the Netherlands.

The acquisition by Marubeni signifies a key development in the food and beverage industry. It underscores the growing importance of globalization and strategic partnerships as major players seek to capitalize on consumer trends. As the food and drink consumer trends continue to evolve, this acquisition is poised to drive international growth and innovation in the industry.

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