AKD assists Peka Kroef with acquisition of Frespo

April 4, 2024

AKD has assisted Peka Kroef, a 100% family-owned and leading Dutch manufacturer of chilled potato products, with the acquisition of Frespo from investment company Nimbus.

Frespo is a potato processor located in Cuijk, the Netherlands and was formerly part of Aviko.
With this acquisition, Peka Kroef strengthens its position as a leading player in the market for chilled potato products and expands its capacity to meet the growing demand for high-quality potato products.

Carlos Pita Cao: “We are very glad that Peka Kroef has entrusted us with assisting them in this strategically critical transaction, allowing us to provide steadfast support every step of the way. This transaction not only strengthens our client's position as a market leader but also greatly enhances their capacity to meet escalating demands for their top-tier products."

David Molenaar: “Very happy to have been shoulder-to-shoulder with our client in this transaction, which – as mentioned by Edwin Holleman, CEO of Peka Kroef - marks an important milestone for their business and will help Peta Kroef meet the needs of their customers even better, as well as explore new opportunities for growth and expertise.”

Headed by Carlos Pita Cao and David Molenaar, the AKD team consisted of Bas Scheepers (Corporate), Ludo Luijks and Maud Plattel (Tax), and Jamaal Mohuddy, Sanne Schipper and Emile Euverman (Environment & Planning).

For more information on the transaction, please see this press release.