The Framelco Group is headquartered in The Netherlands and operates 3 plants located in The Netherlands, Spain and Thailand.
FRAmelco is specialized in the development, manufacturing and marketing of feed and drinking water additives worldwide. It provides the industry with additive solutions that allow both agriculture and aquaculture to increase productivity and profitability in a sustainable manner. FRAmelco's industrial footprint, its product range, its technologies and its target markets are highly complementary to Adisseo's. Adisseo is one of the world's leading experts in feed additives. The group relies on its 10 research centres and its production sites based in Europe, USA, and China to design, produce and market nutritional solutions for sustainable animal feed. Adisseo is one of the main subsidiaries of China National BlueStar, leader in the Chinese chemical industry with nearly 21,000 employees and a turnover of 6,8 billion USD.
Joost den Engelsman: "This was an exciting process for a number of reasons. Firstly, our client, family Snijders (father Frank Snijders and his two sons Lars and Benjamin), were great to work with in this intensive transaction process. Secondly, a broad auction with Dutch and international corporates and financial sponsors and, ultimately, a Chinese/French trade buyer. And thirdly and certainly not in the least, because the process and negotiations took place right in the middle of the COVID-19 pandemic. What makes me proud is that the client is very happy with our guidance. We are confident that we will bring this deal to closing soon."
The NautaDutilh team was led by Joost den Engelsman and Joost Kloosterman and consisted of Naomi Asscheman, Ernst van de Luijtgaarden, Olaf Baks (Corporate M&A), Mauricette Schaufeli, Jasmijn van Koetsveld, Arnout Koeman (Competition), Edward Rijnhout, Sjuul Jentjens (Tax) and Florine Kuipéri (Corporate).