Acquisition of Tjendrawasih by Buitenfood

Transaction
Buitenfood B.V. (Buitenfood) has acquired the shares in Tjendrawasih B.V. (Tjendrawasih). Rembrandt M&A acted as the exclusive financial advisor to the seller.

Parties
Tjendrawasih is a company that produces oriental snacks. Examples of products are lumpias, pies, onde-onde, and baozi.
For more information, see: www.tjendrawasih.nl

Buitenfood B.V. (an NPM Capital participation) is the parent company of Royaan B.V. Royaan is a producer of frozen snacks of well-known Dutch brands such as Van Dobben, Kwekkeboom, KB and Buitenhuis. The Tjendrawasih takeover is part of the Buitenfood growth strategy.
For more information, see: www.royaan.nl