Suempol Acquires Van Biesen Pieters, Expanding Shrimp Processing Capabilities

What's Happening?

Poland's Suempol has acquired Van Biesen & Pieters, a shrimp processor based in Belgium, marking a strategic expansion in its seafood processing operations. Suempol, known as Poland's oldest smoked salmon business, has been expanding through mergers and acquisitions since 2010, including purchases in the UK and France. The acquisition of Van Biesen & Pieters, a family-owned business with roots dating back to the 1940s, allows Suempol to return to its origins in shrimp processing while enhancing its international presence. The current owner of Van Biesen & Pieters will remain with the team, supporting the joint development of the business. Financial terms of the deal were not disclosed.

Why It's Important?

This acquisition is significant as it strengthens Suempol's position in the European seafood market, particularly in shrimp processing. By integrating Van Biesen & Pieters, Suempol can leverage the Belgian company's experience and reputation to enhance its offerings and expand its market reach. This move aligns with Suempol's strategy to diversify its product range and increase its footprint in international markets. The acquisition also highlights the ongoing consolidation trend in the seafood industry, where companies seek to expand their capabilities and market presence through strategic acquisitions.

What's Next?

Suempol plans to develop strong foundations and expand its business reach by integrating Van Biesen & Pieters' processing plants. The company aims to provide high-quality products to its customers across Europe. With production facilities in multiple countries, including Poland, Germany, Norway, France, the UK, and now Belgium, Suempol is positioned to become one of the leading family-owned seafood companies in Europe. The focus will be on enhancing product offerings and exploring new growth opportunities in the shrimp processing sector.