Management Buy-Out at Jan Schoemaker

Transaction
Daan Reitsma, Paul Silva da Cruz and Pieter Schulting acquired 100% of the shares in Schoemaker Beheer B.V. (Jan Schoemaker) through a management buy-out. Rembrandt Mergers & Acquisitions assisted the sellers in realizing this transaction.

Jan Schoemaker
Jan Schoemaker is a specialized processor of cocoa materials. The company is active within a niche market of the cocoa industry and is well-known worldwide for its high quality cocoa butter and cocoa powder. Through an unique production process, Jan Schoemaker is able to process cocoa waste products and off-spec cocoa beans to high quality defatted cocoa powder and refined cocoa butter. Jan Schoemaker has a production location in Zaandam where all processing steps from raw materials to high quality finished products are completed. The company also has its own purchasing organization in Ghana, one of the biggest cocoa producing countries worldwide. After being a shareholder for 30 years Karel Reitsma, Henk Kaandorp and Nick Jan Cramer pass the company over to a new generation which is very motivated and enthusiastic to carry on this unique company. More information is available at: www.janschoemaker.com.