26 August, 2024
Translink Corporate Finance Benelux advised Dutch Trading Office (DTO) on the sale to CNC Grondstoffen (CNC). The acquisition of DTO marks a unique milestone in the growth strategy of CNC and reflects its aim for optimisation and flexibility in substrate production and the continued development of the group’s export position in the global market.
DTO supplies substrate to mushrooms farms around the world. Thanks to its patented shipping method the company is able to maintain an optimal quality of mushroom substrate during transport. The joint expertise of CNC and DTO will result in a strong synergy and a broader range of high-quality products and services for all clients.
Eric van Asselt, CEO of CNC, says, “This acquisition underlines the strategic focus of CNC to strengthen its global export activities and realise long-term growth. We want to continue to operate with a focus on the globally increasing consumption of edible mushrooms. We are very pleased with the added expertise provided by the DTO team and are happy to welcome them to CNC.”
Robert Klinkenberg, Managing Director of DTO, says, “DTO has clients in 40 countries and employs 15 people. As we want to continue our growth and boost our innovative strength, we are pleased to have the unique opportunity to join forces with CNC in our company’s 30th year.
Clients are assured of the continued high quality of DTO’s products. The merger of activities will give clients worldwide access both to the superior substrate they are familiar with and to a broader portfolio of products and technical support that will help them optimise their own results. DTO will continue its current operations and development under the familiar leadership of its Managing Director Robert Klinkenberg.
“DTO is a valuable addition to CNC and aligns perfectly with CNC’s ambition to become a leading global player”, added Alexander Boissevain, Partner at Translink Corporate Finance.
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Based in Amsterdam, Utrecht and Brussels, we act as exclusive partners of Translink Corporate Finance in Benelux. We are one of the leading M&A boutiques in the Benelux mid-market segment due to the extensive international reach of Translink Corporate Finance. We offer companies, private owners and PE funds a wide range of corporate finance services, including advising on domestic and cross-border M&A transactions, equity and debt raisings, and valuations.
