H2 Equity Partners acquires Poultry Machinery Joosten

The funding will help the company, which was previously family-owned, develop its product range and expand internationally.

The GP's most recent buyout fund (H2 Equity Partners Fund V) held its first and final close in March 2016 on its hard-cap of £200m.

Gert Jan van der Hoeven, managing partner of H2 Equity Partners, said that the processing equipment market for both duck and turkey will continue to grow over the next few decades, due to cost efficiencies and increasing hygiene demands.

The company
PMJ, founded in 1999 in Opmeer, is a Dutch industrial equipment manufacturer specialising in duck-processing technology. 

People
H2 Equity Partners – Gert Jan van der Hoeven (managing partner).
Poultry Machinery Joosten – Egbert Joosten (managing director).

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• Topics
• Buyouts
• Benelux
• Industrials
• Netherlands
• H2 Equity Partners