Equilibrium Capital (EQ) has joined as a minority shareholder of Hessing with effect from May 25, 2023. Equilibrium Capital is an asset management company that invested in several greenhouse companies over the last couple of years.
"Equilibrium develops active ESG strategies in the areas of sustainable food and agriculture and carbon transition infrastructure. The fund manages more than EUR 1.5 billion in assets", Hessing reported.
Hessing, a Dutch vegetable processing company, has experienced tremendous growth in revenue, employees, and operations in recent years. By cooperating with EQ, Hessing strengthens its position in the market and takes an important step towards sustainable and international growth. "Among other things, EQ and Hessing will explore the possibilities of lettuce cultivation and -processing in greenhouses to provide sustainable solutions", the company shares.
Early this year, Hessing took an important step towards further sustainability and professionalization of the organization with the construction of the new sustainable Groente VersFabriek in Greenport Venlo and the consolidation of all cut fruit activities in the rebuilt Fruit VersFabriek in Schwalmtal. Hessing's Management Board remains unchanged, and the majority of shares remain in the hands of the Hessing family.
New phase
Frank Hessing, CEO Hessing: "As a family business, we have always strived for continuous development and renewal of our organization. My personal objective is to prepare Hessing for the next generation. The cooperation with EQ is one of the examples that shows we are making great strides in this. In recent years, Hessing has made a strong commitment to expanding its activities, automation, organizational development, and sustainability. The support of a strong financial partner like EQ helps to accelerate our sustainable growth strategy, both in the Netherlands and the rest of Europe. In addition, we are strengthening the foundation of our company, allowing us to better respond to changing market conditions."
Trusted name
Jeroen Vos, CFO Hessing: "Hessing is a trusted name and has grown into a well-established company and has cooperation high on its agenda in the markets it serves. With that foundation, transition, and cooperation with EQ as starting points, I look forward to working towards a robust company that knows how to adapt to continuously changing market conditions."
Further growth
By partnering with EQ, Hessing strengthens its position in the market and takes an important step towards further growth, Nick Houshower, Managing Director EQ, said, "We are extremely pleased to join the Hessing family because we believe in Hessing's strategy and sustainable health mission to get more people eating fruit and vegetables. Hessing fits perfectly with our ambition to partner with market leaders developing sustainable products for future generations."
Frank concludes, "Together with my family, I am confident in working with EQ to serve our customers in the most sustainable way in the future. Of course, this will not happen without our employees and the management of Hessing taking the right steps in further strengthening the organization."
For more information:
Hessing Supervers 
Nieuwmarkt 8
1681 NP, Zwaagdijk
Tel.: +31 (0) 228-351760
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www.hessingsupervers.nl