Group of Butchers

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Group of Butchers - overview

Established

1997

Location

Tilburg, -, Netherlands

Primary Industry

Food

About

Based in the Netherlands, Group of Butchers operates as a leading producer of private-label meat products, including cold cuts and sausages, serving both retail and foodservice sectors with a commitment to quality and innovation. Group of Butchers, founded in 1997 in Tilburg, Netherlands, specializes in the production of meat products. The company has successfully navigated through various market demands, showcasing adaptability without any major pivots in its business strategy. The founders, Nick Visser and Wilbert Wolfs, have a strong background in the meat industry, contributing to the company’s establishment and growth.


The current CEO, Remko Rosman, leads the company in its operations across multiple production facilities in the Netherlands, Belgium, and Germany. The company has engaged in three funding deals, with the most recent occurring on October 22, 2020, when Parcom Capital acquired a majority stake from Equistone Partners Europe, with undisclosed financial terms. Group of Butchers specializes in the production of private-label cold cuts, smoked and barbecue sausages, soups, meals, salads, spreads, and dips. The company caters primarily to the retail and out-of-home markets, emphasizing quality, freshness, and innovation in its offerings.


Their production facilities across the Netherlands, Belgium, and Germany serve a diverse client base, including retailers and foodservice operators, fulfilling the demand for high-quality, convenient meal options. In the most recent fiscal year, 2021, Group of Butchers reported a revenue of USD 397. 95 mn, with an EBITDA of USD 46. 43 mn.


The revenue primarily stems from a B2B model, involving direct sales to retailers, wholesalers, and foodservice partners, with transactions generally consisting of bulk orders of their flagship products. Going forward, Group of Butchers aims to launch new product lines in the upcoming year, aligning with market trends and consumer preferences. The company is targeting expansion into new geographic markets, particularly in Northern Europe and Asia, by the end of 2023. The recent acquisition by Parcom Capital is expected to provide the necessary resources to support these initiatives, enhancing production capabilities and facilitating entry into these new markets.


Current Investors

Primary Industry

Food

Sub Industries

Meat, Poultry & Seafood Products, Snack Foods

Website

www.groupofbutchers.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Group of Butchers - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedAbbelen GmbH-
Secondary BuyoutCompletedGroup of Butchers-
Add-onCompletedGmyrek Fleisch- und Wurstwaren GmbH & Co. KG-
Add-onCompletedHartmann GmbH-
Secondary BuyoutCompletedGroup of Butchers-

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