Halal Industry

Zwanenberg Food Group sells majority stake in Dutch halal company Anur to PE firm Victus


Private equity firm Victus Participations has acquired a majority stake in Anur Halal Food from Zwanenberg Food Group, the company said in a statement on June 24.

The size of the stake and financial terms were not disclosed.

Amsterdam-based Victus was set up in 2017 as the first independent and dedicated food and agriculture growth investment fund in the Benelux. It invests in small to medium-sized companies and currently manages its first fund of 90 million euros. It has two other companies in its portfolio.

Fellow Netherlands-based Zwanenberg will continue to be involved in Anur through minority shareholdings.

Zwanenberg acquired Anur Halal Foods in 2005. Beyond the Netherlands it also operates in the United Kingdom and the United States. It employs around 1,600 and sells 400 million euros a year, it says.

Anur gets a new general manager, Martijn Hol, who takes over from the departing Rene Hochstenbach who will continue as shareholder and advisor.

Anur Halal Food, headquartered in the Dutch town of Giessen, says it supplies fresh and frozen halal foods to more than 6,000 ethnic stores and supermarkets in the Netherlands, Belgium, Germany, France, UK, Spain and the Scandinavian countries. The company also supplies foodservice channels.

Victus said its investment will help Anur continue its growth path in Europe.

Anur sells through three brands Anur, Wahid, and Ikbal.

The company’s products are halal-certified by Halal Correct in Leiden.

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Acquisition
Investment fund
M&A
PE
Private Equity