Solina Group to acquire Quomak

22/12/2016

Solina Group (“Solina”) has completed the acquisition of “QUOMAK,” a knowledge and innovation centre which provides clients with complete food concepts. The current management team of QUOMAK will remain with the company and will work with Solina following the acquisition.

QUOMAK delivers tailor-made solutions to its clients based on science, technology, creativity, knowhow and expertise gained from years of experience of working with ingredients and processes. QUOMAK focuses on fresh, pasteurized, sterilized and/or frozen savoury products. QUOMAK permanently strives to innovate in the food business by investing regularly in new food products and processes for its clients. Through strong collaboration and continuous improvement, the company aims to find the best strategic innovations for its customers.

The company has a turnover of € 3,3 million and 12 employees who will join Solina’s team in Belgium. This new partnership will help Solina to cement its position as a leader in development and innovation within the European food industry.

Laurent Weber, CEO, Solina Group, said: “QUOMAK- represents many of the core elements of the Solina philosophy. Knowledge and innovation are key in our service and customer-oriented strategy. The technical competencies of QUOMAK are highly regarded, making a perfect complement to our existing technical support-oriented way of working. Moreover, it goes a step further in creating full tailor-made new concepts . We always strive for sustainable developments which results in high-quality recipes that take ecological, health and economical factors into account – QUOMAK will help us to realise our ambition in Creating the Tomorrow’s Food”.

Yves Vleminckx, General Manager, QUOMAK, said: “QUOMAK acts as a strategic partner for its clients through food product innovations. The development of an industrial recipe is a process which can only succeed through close collaboration of between both the product developer and the producer. We are convinced that QUOMAK will make meaningful contribution to Solina’s operations and that QUOMAK will profit from the existing know-how and market position of Solina.”

Geert Verhelst, Managing Director, Solina Belgium, said: “QUOMAK’s key strengths lie in developing tailor-made, industrial recipes covering a wide range of products such as emulsions, dairy products, meat substitutes, salads, sauces, coating sauces, seasonings, and marinades. We are confident we can propose this technology to all our Customers in Europe and further invest into its R&D development.”

The parties have agreed not to disclose the transaction value.

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