Van Delft Biscuits restructured its current financing facilities in order to align the financing conditions with its ambition to realize further growth and becoming one of the European leaders in the field of private label bakery products.
The financing facilities are held at Rabobank and consist of a combination that serves both the short and long term funding need as well as the seasonal funding need of the firm.
Lindenaar & Co acted as Van Delft Biscuits financial advisor during the complete process, including financial analysis, the preparation of extensive financial forecasts as well as structuring the final financing package.
Profile Van Delft
Van Delft Biscuits is a producer of cookies and other bakery products which it mainly does under private label. The Dutch and Belgian market are served by Van Delft Biscuits from its production plant in Harderwijk. The United Kingdom is served by its subsidiary Rivington Foods, which was able to increase its market share in the UK substantially since the takeover by Van Delft in 2009. A strong focus on innovation, active product development and being at the forefront of market developments ensure that, during last years, Van Delft has been able to realize substantial turnover growth combined with above average returns. It is the ambition of Van Delft to grow into a European market leader in the area of private label bakery products. Van Delft Biscuits employs around 450 people.