Netherlands: Staay Food Group acquires Van Rijn Trading
The company has since halted trading. The management of Van Rijn, together with the administrator have been trying to find a solution.
Yesterday, August 14, an oral agreement was made with Staay Food Group to take over the activities - after bankruptcy - of Van Rijn Trading BV. The commercial operation of the facility in Poeldijk will be integrated with the activities of Staay-Hispa BV in Barendrecht. The activities of the former Langfruit will be integrated with those of Van der Staay Venlo BV. The name Van der Staay Venlo BV will be changed to Staay-Van Rijn BV, a 100% subsidiary of Staay Food Group. For this company the normal credit limits will be provided to enable business to go head.
This acquisition means many jobs will be preserved.