VE Partners has acquired Inproba, a leading Dutch producer of oriental foods, to leverage its growth potential in the burgeoning specialty food market.

Target Company Information

Inproba is a renowned Dutch producer of oriental products and flavorings, established in 1956 by the Libbenga family. Based in Baarn, the company's name stands for 'Indonesian Producten Baarn' (www.inproba.nl). Inproba specializes in producing a diverse range of approximately 600 to 700 SKUs, including red (chili) sauces, soy sauces, sambal, and various dry products such as prawn crackers and mixes for nasi and noodles. The company serves both retail (B2C) and industrial (B2B) sectors across Europe, with about 50% of its turnover generated from the Benelux region. Inproba employs around 200 staff members and generates annual net sales between €50 million and €60 million.

Industry Overview in the Netherlands

The food production industry in the Netherlands is characterized by its innovation and dynamic growth, driven by increasing consumer demand for diverse and high-quality food products. The country is a significant player in the European food market, known for its robust agricultural sector and advanced manufacturing capabilities. As consumers become more health-conscious and adventurous in their culinary choices, the demand for ethnic and specialty food products, like those offered by Inproba, continues to rise.

Additionally, the expansion of retail chains and the growing global interest in Asian cuisines have further propelled the market for oriental products. The Benelux region, particularly, has seen a surge in the popularity of