Business Transfer Agreement between Ten Kate Protein Technologies and Essentia Protein Solutions
Press release published: 23.10.2024
As of 1 November 2024, Essentia Protein Solutions has acquired the sales activities of Ten Kate Protein Technologies B.V. This transaction includes the full transfer of sales, marketing, and logistics activities related to all functional protein solutions for human consumption under the CollaPro™ brand.
“Since the establishment of our protein business in 2015, we have developed a range of high-quality pork and poultry proteins with unique functional properties targeting the meat processing industry, primarily across Europe and Latin America. By taking this strategic step, we will free up resources, allowing us to optimize our operational capabilities even further. With its global sales coverage and exceptional technical expertise, I feel assured that Essentia will strengthen customer relationships, while expanding the global reach of our ingredients”, says Dr. Ludwig Decker, CEO of Ten Kate Group.
Essentia is currently servicing more than 70 markets and is the market leader within animal-based functional proteins. With strong technical capabilities in processed meats, Essentia offers its customers the opportunity to co-create and collaborate in its innovation centers to discover new concepts aligning with consumer trends or finding ways to optimize recipes and processes using clean label functional protein ingredients.
“Being able to welcome Ten Kate’s customers and further build on the strong relationships established over the past decade is an exciting opportunity for us. We are committed to continuing the existing business while expanding our value-added services. We can now offer an extended range covering pork-, beef-, chicken-, and turkey-based proteins, providing our customers with a true one-stop shop for functional proteins. Along with our broad range of stocks and fats and our health-boosting protein solutions, this transfer fully supports our vision to help make food products better – for our customers – and for consumers”, says Asger S. Jacobsen, President, CEO in Essentia.
For further questions, please do not hesitate to contact:
Asger S. Jacobsen
President, CEO, Essentia Protein Solutions
asger.jacobsen@essentiaproteins.com
Dr. Ludwig Decker
CEO, Ten Kate Protein Technologies
l.decker@tenkate.nl