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FoodBev Media

FoodBev Media

8 February 2023

Plukon acquires 51% stake in JA ter Maten Holding

Plukon acquires 51% stake in JA ter Maten Holding

Dutch poultry company Plukon has acquired 51% of the shares of JA ter Maten Holding, for an undisclosed sum. Founded in 1978, JA ter Maten manufactures poultry and poultry meat products for further processing into food or pet food products. The company owns two production facilities in Bunschoten, the Netherlands, and Brecht, Belgium. Plukon produces fresh meals, ready-to-heat and ready-to-eat products, and meal components. The company currently operates in six European countries. Both companies have a long-standing relationship. With the acquisition, Plukon hopes to further strengthen its position in the poultry processing value chain in Europe. JA ter Maten's directors, Wouter and Willem ter Maten, said: "As directors, we were already very satisfied with the cooperation with Plukon. A company with a high degree of professionalism and values that we share. Together with Plukon, we are convinced that, as management, we will be able to implement our expansion plans in full because we have thus secured part of our raw material supply. This step will not affect existing suppliers." Plukon CEO, Peter Poortinga, added: "We are delighted with the transaction with the Ter Maten family and thus with the strengthening of the long-term cooperation between the two companies. Both Plukon and Ter Maten stand for supplying high-quality poultry products, where high quality and delivery reliability are the basis. We look forward to working with Willem and Wouter ter Maten to realise our growth ambitions in the coming years."

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