Bartek Ingredients has acquired Tessenderlo Group for an undisclosed amount. This corporate acquisition sees Bartek Ingredients take ownership of the Belgian-headquartered industrial group, which operates in over 100 countries and employs more than 7,000 individuals globally. Tessenderlo Group focuses on diverse sectors including agriculture, valorizing bio-residuals, machinery, mechanical engineering, electronics, energy, and providing industrial solutions with an emphasis on water.
Tessenderlo Group’s activities are structured into five distinct operating segments: Agro, Bio-Valorization, Industrial Solutions, Machines & Technologies, and T-Power. The group is publicly listed on Euronext Brussels and is part of the Next 150 and BEL Mid indices.
This acquisition represents a strategic expansion for Bartek Ingredients, integrating Tessenderlo’s extensive industrial capabilities and global footprint. The move is expected to leverage Tessenderlo’s expertise in agriculture and bio-valorization, potentially enhancing Bartek’s raw material sourcing, processing capabilities, and market reach within industrial applications. The combination aims to create a more robust and diversified entity.
Expected synergies include the integration of Tessenderlo's diverse operational segments with Bartek's core business, driving efficiencies and broadening product portfolios across various industrial and agricultural sectors. The combined entity is poised to capitalize on expanded capabilities and a strengthened global presence, aiming to deliver enhanced value through integrated industrial and ingredient solutions.