H2 Equity Partners is pleased to announce that it has sold Seed Processing Holland (“SPH”), a global leading producer of advanced seed processing equipment, to Fowler Westrup (Netherlands), a subsidiary of Fowler Westrup India Pvt Ltd (“Fowler Westrup India”), a leading company in providing one stop solutions for seed & grain processing with its range of equipment and machinery.
With this strategic acquisition, Fowler Westrup will be able to serve its customers in the vegetable and field crop seed processing segments with an extended product portfolio and innovative solutions. Additionally, the group can leverage Fowler Westrup’s global sales and service network, manufacturing footprint and engineering capabilities. Together, the combination will be at the forefront in modernizing the seed processing industry, with the aim to further develop sustainability and improve automation in the sector.
Shardul Kshirsagar, CEO of Fowler Westrup India commented: “We are pleased to announce the acquisition of SPH; after the acquisition of Premium Seed Machines in the Netherlands, this is a logical step for us. With this acquisition, Fowler Westrup India, with its “String of Pearls” strategy, takes up a leading position in the industry to provide complete solutions to global seed companies. The high quality of SPH’s solutions reflects the company’s 57 years of dedication to seed processing. With our combined efforts and continued focus on innovation we will be in a stronger position to transform the seed processing industry in partnership with our customers.”
Arjan Kunst, CEO of SPH, commented: “We are proud of SPH and of what we have achieved together with all our loyal employees and customers worldwide. Our expertise in seed processing technology, our innovative solutions and our experienced employees, combined with the broad engineering and manufacturing capabilities of Fowler Westrup, India will be the next step forward in serving our customer base even better.”
Peter van Leersum, Partner at H2 Equity Partners, commented: “SPH has been successful in developing innovative and high-quality seed processing equipment. With Fowler Westrup India as its new owner, SPH will be able to benefit of improved market coverage, access to additional production and engineering capabilities, as well as an expanded service offering. We believe that this will further fortify SPH’s proposition to its valued customer base.”
Seed Processing Holland is a global leader for seed processing solutions, based in Enkhuizen, the seed valley in the Netherlands. The company was founded in 1957 as a family business and has evolved into a global supplier of innovative and high quality solutions to leading seed processors worldwide. SPH’s product range contains solutions for a wide variety of seed processing & treating steps to cater to customer needs.
About Fowler Westrup India
Fowler Westrup India delivers cutting edge solutions to the agriculture industry in the field of cleaning, grading, storing, milling, sorting & material handling for processing of seed, grains, pulses, spices, millets & other food commodities for over two decades. Fowler Westrup India has also acquired Premium Seed Machines (PSM) in Medemblik in the beginning of this year through its subsidiary Fowler Westrup (Netherlands) B.V.
About H2 Equity Partners
H2 Equity Partners, founded in 1991, is an independent investment firm. H2 focuses on medium sized companies that are uniquely positioned and provide significant growth potential. H2 offers these businesses a combination of capital and active management support to realize untapped potential. H2 has a robust, multi-sector track record in building stronger companies, with a sustainable competitive advantage and profitable growth.