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KPMG advised Smit & zoon on the sale of its Functional Oils division to IQI

Sale of Smit & zoon's Functional Oils division to IQI


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Dealflash Smit & zoon

We are delighted to announce that KPMG Corporate Finance acted as exclusive deal adviser to Smit & zoon on the sale of its Functional Oils division to IQI.

About the deal

On January 1st 2018, the shareholders of Smit & zoon, a leading international player active in the development and production of chemicals primarily used in the manufacturing and finishing of leather, sold their Functional Oils division to IQI B.V., a supplier of pet food ingredients such as fish meal and fish oil.

Founded in 1821, Smit & zoon started its long history in trading animal oils and proteins. The company now decided to focus on its Wet-End and Finishing business and divest its Functional Oils activities. The Functional Oils division is a global player in marine oils and, for years, has been IQI’s preferred supplier of processed Omega-3 fish oils.

While the Functional Oils activities are no longer a focus segment for Smit & zoon, combining the activities with IQI will enable the business to grow further and unlock its full potential.

Role of KPMG

KPMG provided exclusive and full scope M&A advisory services. KPMG has been involved throughout the entire process, advising the management and shareholders of Smit & zoon in every step towards the successful signing and closing of the deal.

Leading M&A adviser

As part of KPMG Deal Advisory, KPMG Corporate Finance consistently ranks as the leading M&A advisor, according to Mergermarket transaction volume league tables, in both Europe and the Benelux. KPMG firms operate globally in 86 countries with over 2,800 Corporate Finance professionals who are able to meet the needs of clients across the globe. KPMG Corporate Finance completed 400 deals globally in 2017.


Danny Bosker
+31 20 656 7767  

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