Brazil

DAT-Schaub increases its presence in the South American market with five acquisitions

Mergers & Acquisitions

DAT-Schaub, a Danish Crown subsidiary and a market-leading supplier of natural casings for sausage and salami production, has acquired a controlling interest in the companies Insuban Ltda and Indexna S.A. in Chile, Tricolsa S.A.S. in Colombia and ESB in Brazil, a move that has secured a strong and broadly-based sales and production organisation in South America.

Posted on Nov 30 ,06:41

 

"Having operations in South America is a very new situation for us. It's a continent where people eat a lot of sausages and salami, so establishing activities in South America is a natural step in our efforts to
grow," says Jan Roelsgaard, CEO, DAT-Schaub.

DAT-Schaub is also acquiring a majority interest in the Spanish company Agrimares society, S.L., which will strengthen DAT-Schaub's existing activities on the Iberian Peninsula.

In addition to sales organizations in Chile, Colombia, Brazil and Spain, DAT-Schaub will also have access to South American raw materials, as the four companies all have their own production facilities.

"The local management in all the companies will stay on. Also, Manuel and Daniel Cespedes, from the founding family of Agrimares society S.L, and Daniel Berlitz, a shareholder in ESB, are going to retain an ownership interest in their respective companies, thereby ensuring that we have a common interest in developing the companies through organic growth in the various markets. It's a model we have used before – and with success – when buying into wholly or partially owner-managed companies, so my expectations for the future are high," says Jan Roelsgaard.

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