Caldic completes acquisition of Nealanders International from Birch Hill Equity Partners
October 02, 2012
On October 2, 2012, Caldic B.V. announced that it had completed the acquisition of Nealanders International Inc.
Caldic has branches all over Europe and Asia. The completion of this acquisition represents a significant step underlining Caldic’s strategy to become a leading global distributor for the food industry. Nealanders has 180 employees and produces a turnover of US$180 million. The acquisition will directly contribute to the results of Caldic.
Caldic, headquartered in Rotterdam, Netherlands, is a distributor and producer of food ingredients, chemicals and technical activities.
Nealanders International, headquartered in Mississauga, Ontario, is a food ingredient supplier.
McCarthy Tétrault LLP represented Caldic, as acquiror, with a team led by W. Palm, and including Oliver Borgers, Leslie Milroy, James Morand, and Paulina Tam.