Paine Schwartz Partners, a global leader in sustainable food chain investing, announced that it has entered into a definitive agreement with respect to a new strategic investment by Paine Schwartz Food Chain Fund V (“Fund V”) in Hendrix Genetics. Hendrix Genetics’ Co-Founders, Thijs Hendrix and Antoon van den Berg will maintain a 50% ownership position in the Company and work in partnership with Paine Schwartz to drive the business forward.
Founded in 2005 and headquartered in Boxmeer, The Netherlands, Hendrix Genetics is a leading multi-species animal genetics and technology company that provides the animal protein value chain with innovative and sustainable genetic solutions working to support the global food challenge. The Company has breeding programs in turkeys, laying hens, traditional poultry, swine, salmon, trout, and shrimp. The Company serves customers around the world with its portfolio of 15 leading brands and has more than 3,500 employees and operations in more than 25 countries. Hendrix Genetics’ management team led by CEO Jolanda van Haarlem will continue operating the business with support from both the Co-Founder, President & Chairman of the Supervisory Board, Thijs Hendrix, and Co-Founder and Supervisory Board member, Antoon van den Berg.
A global leader in sustainable food chain investing, Paine Schwartz Partners is a private equity firm focused exclusively on investment opportunities in the fast-growing, dynamic global food and agribusiness sectors. The firm’s investment, operations, and finance professionals invest throughout cycles across the food and agribusiness value chain and bring a collaborative and active management approach to portfolio companies.