Hans Huiskes
OXEYE HJW Advisors
Algas SP
Deal Type
Acquisition
Sector
Consumer
Completion Date
2nd April 2024
Deal Value
Not disclosed
Company Background
Algas, a second-generation family business based near southern Polish city of Katowice with a poultry slaughterhouse and a processing plant.
The company initiated its poultry processing activities in 1997 and now established itself as a prominent local player in southern Poland’s broiler slaughtering and poultry processing sector.
The 2023 turnover of Algas amounted to approximate EUR 35 million.
Deal Summary
HJW Capital Advisors advised Plukon Food Group on the acquisition of Algas SP. The business will strengthen Plukon's position in Poland with there existing business Plukon Siaradz.
An important country for Plukon, as Poland is one of the leading producers of poultry in Europe.
Value Added
HJW Capital Advisor proudly serves as Plukon Food Group's trusted advisor. The acquisition of Algas (Poland) is the third transaction in 2024 in which HJW is advising Plukon.
