Ruiten Foodpack realises refinancing & expands bank financing facilities

In December 2023, Ruiten Foodpack successfully refinanced and extended its current banking agreement with house bank ING for the financing of working capital, real estate and expansion investments. This refinancing will enable Ruiten Foodpack to continue to implement its strategy of continuous growth in product diversity, volume and customer portfolio. Integrated Finance Solutions (IFS) advised and guided Ruiten Foodpack throughout the financing process.

Ruiten Foodpack
Ruiten Foodpack is a family business with more than 140 years of experience in preserving and packaging food in all its forms under private labels, both conventional and organic, for producers/manufacturers, wholesalers, importers, distributors, retailers and food service retailers in the Netherlands, the European Union and outside the European Union. Based on the family philosophy that ‘can’t be done’ is not an option, the company has grown to be a leading professional co-packer of every conceivable type of food and private label producer, offering innovative total solutions to its long-standing, loyal and highly diversified customer base. Ruiten Foodpack is characterised by just-in-time management and an exceptionally high level of service, driven by the company's rich family DNA: no-nonsense, entrepreneurial, curious, passionate about the craft and the profession, and constantly driven by the possibility of improvement, development and growth, thus completely relieving the customer and taking advantage of market opportunities. In this context, the company has its own trucks and provides (international) (container) transport. Dedicated and passionate professional staff and state-of-the-art machinery are indispensable links in this process, with real-time digital monitoring of production. Ruiten Foodpack stands out for its wide range of products and the enormous knowledge it has built up over the past 140 years, combined with a high level of reliability, quality and service. Customers also see Ruiten Foodpack as a full-service provider, where a total package of food products can be produced on the basis of a one-stop-shop proposition.

With the refinancing and extension of the current banking arrangement in terms of working capital financing, real estate financing and financing of expansion investments, Ruiten Foodpack will be able to realise its growth ambitions for the coming years and consolidate and expand its strong name and market position.

More information?
For more information please contact Integrated Finance Solutions (IFS) at +31(0)30 7602110.