Vaessen-Schoemaker, founded in 1946, specialises in functional ingredients for the red meat, chicken, fish and bakery industries.
The management said the takeover meant the company could continue to pursue its goals to develop new products and expand its business into new areas. “The company’s core values – client satisfaction, partnering, innovation, growth and continuity – will remain central to the business,” it said in a statement.
'New products, new markets'
“This management buyout means the company’s role as functionality experts will be expanded further over the coming years with innovative new products and new markets.”
The business supplies a range of meat ingredients, focused mainly on solutions enabling products to remain juicy and tender throughout the cooking process, extend shelf-life and prevent discolouration over time.