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Plukon Food Group B.V. and J.A. ter Maten Holding B.V. announced on 6 February 2023 that Plukon has taken over 51% of the shares of J.A. ter Maten Holding B.V.
Ter Maten's activities are a enhancement of the activities undertaken by Plukon. The participation in Ter Maten fits seamlessly with Plukon's ambition to further strengthen its European market position in the value chain of poultry processing. The cooperation between Ter Maten and Plukon, which dates back to the founding by father Jan ter Maten, safeguards the culture, continuity and strong growth plans of the family business in a rapidly changing world.
Ter Maten directors Wouter and Willem ter Maten: "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 can fully implement our expansion plans because we have secured part of our raw material supply this way. This step will not affect existing suppliers."
Plukon CEO Peter Poortinga: "We are delighted with the transaction with the Ter Maten family and thus with the strengthening of the long-standing 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."
Source: Plukon Food Group
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