News – Complex commercial agreements and partnering
18 July 2016
Cresco assisted Kemin Europa with the preparation, negotiation and closing of the purchase of industrial real estate located at Herentals from Montea, and the drafting of various ancillary agreements (a building lease on the photovoltaic installations and a service agreement regarding green electricity) in this respect.
Kemin provides “inspired molecular solutions” specifically developed to provide nutrition and health benefits for humans and animals. Committed to feed and food safety, Kemin maintains top-of-the-line manufacturing facilities where approximately 500 specialty ingredients are made for the global feed and food industries as well as the health, nutrition and beauty markets. A privately held, family-owned and operated company, Kemin has nearly 2,000 employees and operates in 90 countries with manufacturing facilities in Belgium, Brazil, China, India, Italy, Singapore, South Africa and the United States.
Montea is specialized in the development, the acquisition and the renting of logistics warehouses in Belgium, the Netherlands and France.
Tessa Gijbels and Steven Daems constituted the deal team for this transaction.