YES Corporate Finance advised Albron’s works council in evaluating the financing for the acquisition of Hutten B.V.
About Albron
Albron is a leading food service organization, with a strong focus on delicious, healthy, sustainable, and affordable food and beverages. It operates with 4,500 employees across various sectors, including corporate cafeterias, healthcare facilities, shopping streets, and day recreation. Half of the profits of Albron BV go to its owner, Stichting Albron (the Albron Foundation), and are used for social projects related to food and drink. This unique ownership structure reflects Albron’s vision and idealistic background.
About Hutten B.V.
Hutten is a contemporary culinary and hospitality service provider with the mission of “Contributing to happiness.” The guest experience and passion for the craft of cooking are central to its services. In everything Hutten does, it aims to contribute to a healthy planet and happy people by working towards a sustainable future, healthy eating, and social equality. In this way, it has an impact on the world of today and tomorrow. Hutten operates with over 2,000 team members in corporate catering, its own hospitality services, event catering, healthcare catering, and food service.
The role of YES Corporate Finance
YES Corporate Finance advised Albron’s works council in evaluating the financing for the acquisition of Hutten B.V. The tasks performed by YES CF include:
- Developing an independent financial model;
- Assessing the financing structure;
- Reviewing the transaction documentation;
- Requesting relevant (additional) information;
- Presenting and explaining the financial assessment;
- Presenting the financial assessment in a report.
This assignment was the fourth advisory role of YES CF for a works council in a major acquisition in the past five quarters. The largest assignment involved a transaction of over EUR 400 million (the name of these transaction have not been published).
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