Partial divestment of Extruded Cereal Products BV. to Crespel & Deiters GmbH & Co. KG

Transaction
Crespel & Deiters GmbH & Co. KG acquired 35% of the shares in Extruded Cereal Products B.V. Rembrandt F&O assited the seller in this transaction.

Parties
Extruded Cereal Products B.V. is a leading manufacturer of extruded ingredients for the food industry including bakery products, breadcrumbs and cereals. For more information see: www.ecpbv.nl.

Crespel & Deiters is a large German family owned business and primary processes flour in wheat starch, starch derivatives and wheat proteins for the food, feed and chemical industry.
For more information see: www.crespel-deiters.com.
Parties together have developed innovative products in the market for meat alternatives. With the equity stake of Crespel & Deiters, parties are able to serve the growing market for meat alternatives even better and continue to build on the remaining business of ECP
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