Triton-owned Fertiberia spreads with Van de Reijt buy

• Van de Reijt operates two waterfront bulk terminals
• Fertiberia has a plan to internationalise its business
• Van de Reijt had a turnover of €160m in its last financial year

Triton Partners-backed Grupo Fertiberia, a fertilizer and ammonia producer, entered an agreement to buy Van de Reijt as it looks to expand its distribution capabilities to the Benelux.

Van de Reijt operates two waterfront bulk terminals, one near Breda in the Netherlands and the other in Grobbendonk, Belgium. That allows it to service customers in Benelux, as well as Germany and Southeast Asia, “thanks to efficient logistics from Rotterdam”, according to a statement. The Dutch firm is headquartered in Moerdijk and had a turnover of around €160 million in its last financial year.

The deal, expected to close in the first quarter of 2023, is part of Madrid-headquartered Fertiberia’s efforts to internationalise its business, from its “leader” position in the Iberian Peninsula and “well-established” position in France, according to the statement.

Triton invested in Fertiberia in 2020 to support product innovation and to make its manufacturing processes more efficient and environmentally friendly.

Triton is a private equity company headquartered in London. It invests in medium-sized businesses in Europe.