Fransen Gerrits has assets valued for acquisition of Theeuwes Mengvoeders
Match Plan has supported Fransen Gerrits with the valuation of various intangible fixed assets. This valuation was necessary for the accounting treatment of the acquisition of Theeuwes Mengvoeders, in accordance with the guidelines for annual reporting.
Expansion in the animal feed sector
Fransen Gerrits, founded in 1897, is a leading producer of animal feed. The company produces feed for pig, cattle, and rabbit farming at various locations in Erp, Veghel, De Rips, and Ulicoten, with an annual production of approximately 850,000 tonnes of feed. In addition to production, the company also has its own laboratory, product development, and storage and transshipment facilities, enabling it to continuously optimize and innovate its products.
On June 1, 2022, Fransen Gerrits acquired 100% of the shares of Theeuwes Mengvoeders, including its subsidiary Theeuwes Moonen. This strategic acquisition strengthens Fransen Gerrits' position within the animal feed market and offers new opportunities for further growth and expansion.
Role of Match Plan in valuation
Match Plan assisted Fransen Gerrits with the valuation of intangible assets in connection with the acquisition of Theeuwes Mengvoeders and its subsidiary Theeuwes Moonen. The valuation engagement was performed under the responsibility of Richard Peeters to ensure proper accounting treatment in accordance with applicable annual reporting guidelines.
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