Group of Butchers buys meat production firm Hartmann

Dutch company Group of Butchers has acquired Hartmann, a German producer of meatballs and mince-based products.

Financial details of the acquisition have not been disclosed by either company.

In January 2017, private equity firm Equistone Partners Europe acquired a majority stake in Group of Butchers.

Group of Butchers CEO Remko Rosman said: “Currently we primarily serve the Dutch and Belgian markets. The acquisition of Hartmann will give us access to the German market, which is an important and extremely interesting proposition for us.

“We are also extending the product range that we can offer our existing customers, particularly of mince-based products.

“Together with the management and highly motivated workforce of Hartmann, we will now identify and leverage common customer and market opportunities in order to maintain both our growth strategy in all price segments and sales regions as well as our customers’ high level of satisfaction.”

Group of Butchers has ventured into the German market and strengthened its position as a producer of artisan meats.

Established in 1984 in Warendorf-Milte, North Rhine-Westphalia, Hartmann has been producing a wide range of meat products such as meatballs, patties, cutlets and chops in a variety of weights and packages, serving both the high-end and price-conscious markets.

The company will continue to produce and sell meat and mince-based products.

Equistone Partners Europe partner Marc Arens said: “Our aim when investing in Group of Butchers was to tap into the company’s potential for further expansion, through both organic growth and strategic acquisitions.”