Benchmark International Successfully Facilitated the Transaction Between Copernus Limited and Suempol Sp.z o.o

Benchmark International is pleased to announce the acquisition of Copernus by Suempol.

Located in Hull, UK, Copernus is one of the largest independent, family-owned seafood processing specialists in the UK, with Lidl as one of its key clients. Copernus has experienced significant growth over the years, becoming a producer of various kinds of fresh refrigerated products that are on the shelf of top UK retailers. The company's product range consists of salmon, cod, and haddock, along with other fish species. Annually, the plant generates approximately 52 million portions of seafood.

With its main office and production facility located in Bielsk Podlaski, Poland, Suempol is the oldest and amongst one of the largest producers of smoked salmon in Poland. The company was founded in 1989, and its present position is strengthened by its global presence. Suempol’s primary business is producing and selling cold- and hot-smoked salmon, as well as delicatessen products. It exclusively sources salmon that is certified to the standard of either the Aquaculture Stewardship Council or Best Aquaculture Practices programmes.

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Following the recent acquisition of Copernus, Suempol is looking to strengthen its presence on the market by offering new species of fish, allowing the company to provide a wider range of products to its customers. Both Copernus and Suempol have established supply partnerships with Lidl, and the transaction presents Suempol with significant opportunity to further develop its presence within the UK market.

Maciej Jaworowski, vice president of Suempol Management Board, commented: “The entry of Copernus company into the Suempol family is a key element of our company’s long-term strategy focused on expansion into new markets. The British fish market is one of the leading markets in Europe in terms of seafood consumption and through collaboration we have the opportunity to achieve an even better position there. An additional value is the ability to offer our existing customers a wider range of products. Our portfolio will include new fish species such as cod and haddock.

“We believe that both the management team and all employees of Copernus will continue to contribute to the company’s success. In recent years, Copernus has secured a leading position in the UK fish market, and the support of the Suempol group will help it better leverage both current and future opportunities.

“We are very happy that Copernus company has joined Suempol family, and we hope that through our joint efforts and determination we will achieve further successes.”

 

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ABOUT BENCHMARK INTERNATIONAL:

Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $11 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International's transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook's Global League Tables.