Natra to acquire Dutch peanut-based processor Bredabest
The deal expands Natra’s sweet spreads portfolio and European footprint.
Image courtesy of Natra
Natra, a European private label and co-manufacturing company for chocolate products, has agreed to acquire Bredabest, a Netherlands-based producer of peanut butter and peanut-based ingredients. The acquisition supports Natra’s international growth strategy and expands its portfolio to include peanut-based spreads and ingredients.
The partnership combines Natra’s scale and distribution network with Bredabest’s expertise in peanut processing. Natra is one of continental Europe’s largest producers of hazelnut chocolate spreads and recently acquired Belgian chocolate producer Gudrun in September 2024.
Founded in 1996, Bredabest supplies pure and natural peanut spreads to retailers, FMCGs, and consumer brands. The company is active in the organic peanut butter segment and is a significant importer of peanuts into Europe. Bredabest will continue operating under its existing brand, with its management team and employees retained. Operations will remain at its two processing facilities in the Netherlands.
Bredabest was founded by Pieter Stienen and Rainier van Rey, who will remain shareholders and continue in their current roles.
“This acquisition strengthens our ability to enhance our customer offering and accelerates our journey to becoming the preferred private label partner in snacking and indulgence,” says Armando Santacesaria, CEO of Natra. “Natra’s scale, global reach, and strong customer relationships will be transformational for Bredabest.”
“We are pleased to join forces with Natra, a strong long-term partner to take Bredabest into its next phase of growth,” says Pieter Stienen, founder and CEO of Bredabest. “Natra’s global scale and complementary portfolio will unlock new opportunities while safeguarding the values and customer focus that have underpinned Bredabest’s success.”
Natra is a portfolio company of CapVest Partners LLP. It produces chocolate bars, pralines, tablets, and hazelnut spreads, and supplies cocoa-based ingredients to the international food industry. The company operates seven production plants in Spain, Belgium, France, and Canada, with more than 1,400 employees.
Completion of the transaction is subject to conditions and regulatory approval.
Bredabest was advised by Squarefield, Vriman M&A Lawyers, and PwC. Natra was advised by Willkie Farr & Gallagher and KPMG.
The partnership combines Natra’s scale and distribution network with Bredabest’s expertise in peanut processing. Natra is one of continental Europe’s largest producers of hazelnut chocolate spreads and recently acquired Belgian chocolate producer Gudrun in September 2024.
Founded in 1996, Bredabest supplies pure and natural peanut spreads to retailers, FMCGs, and consumer brands. The company is active in the organic peanut butter segment and is a significant importer of peanuts into Europe. Bredabest will continue operating under its existing brand, with its management team and employees retained. Operations will remain at its two processing facilities in the Netherlands.
Bredabest was founded by Pieter Stienen and Rainier van Rey, who will remain shareholders and continue in their current roles.
“This acquisition strengthens our ability to enhance our customer offering and accelerates our journey to becoming the preferred private label partner in snacking and indulgence,” says Armando Santacesaria, CEO of Natra. “Natra’s scale, global reach, and strong customer relationships will be transformational for Bredabest.”
“We are pleased to join forces with Natra, a strong long-term partner to take Bredabest into its next phase of growth,” says Pieter Stienen, founder and CEO of Bredabest. “Natra’s global scale and complementary portfolio will unlock new opportunities while safeguarding the values and customer focus that have underpinned Bredabest’s success.”
Natra is a portfolio company of CapVest Partners LLP. It produces chocolate bars, pralines, tablets, and hazelnut spreads, and supplies cocoa-based ingredients to the international food industry. The company operates seven production plants in Spain, Belgium, France, and Canada, with more than 1,400 employees.
Completion of the transaction is subject to conditions and regulatory approval.
Bredabest was advised by Squarefield, Vriman M&A Lawyers, and PwC. Natra was advised by Willkie Farr & Gallagher and KPMG.
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