SD Guthrie International Strengthens European Presence with Marvesa Stake
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SD Guthrie International Strengthens European Presence with Marvesa Stake

SD Guthrie International Strengthens European Presence with Marvesa Stake

SD Guthrie International Limited (SDGI), formerly known as Sime Darby Oils International Limited, has acquired a 48% equity interest in Netherlands-based Marvesa Supply Chain Services B.V. (Marvesa). The EUR54 million (about RM250 million) acquisition enhances SDGI’s capabilities in supplying oils and fats to the strategic European animal feed and biofuel industries. The 48% stake was purchased from Parcom, a Dutch private equity firm. The remaining 52% stake is held by BGR Beheer B.V., which is owned by the current executive management of Marvesa.

SDGI is a wholly-owned subsidiary and the downstream arm of SD Guthrie Berhad (SD Guthrie), formerly known as Sime Darby Plantation Berhad. SD Guthrie is one of the world’s largest producers of Certified Sustainable Palm Oil (CSPO), producing about 12% of all CSPO in the world. It is a fully integrated player in the global palm oil value chain with business presence in 12 countries.

Marvesa is a well established name in the European market, specialising in the sourcing, blending, and distribution of oils and fats to the animal feed and biofuel industries. Its diverse customer base, comprising traders, distributors, and multinational feed producers, make it a key partner in the region.

The Marvesa acquisition strengthens SDGI’s presence in Europe, where it serves customers in 11 countries from its Zwijndrecht refinery in the Netherlands, which has a capacity of 300,000 metric tonnes annually. The refinery produces a variety of oils and fats that are essential for applications such as industrial frying, emulsifiers, bakery and confectionery ingredients, margarines, dairy products, candles, and milk substitutes, catering to evolving market needs.

“This acquisition positions us for long term success across emerging markets,” said Dr. Shariman Alwani, SDGI’s Chief Executive Officer. “To stay ahead of market demands and regulatory changes, it is crucial that we work together with strong, like-minded partners. Our position in Europe is now stronger and we will be able to build more robust relationships.”

The collaboration between SDGI and Marvesa creates powerful synergies. Marvesa’s established trading volumes in lecithin, soy and other soft oils align with SDGI’s diversification strategy into non-palm sectors. This allows both companies to penetrate high growth opportunities, including in North & Central Asia Pacific, the Middle East & Africa, and the Americas. Marvesa already has a presence in Indonesia and is well positioned for growth in the Southeast Asia region that is experiencing high demand for animal feed ingredients.

“As shareholders in Marvesa, we are deeply invested in its growth and long-term success. This partnership with SDGI is a testament to the strength of our business and our shared vision for sustainable value creation. Together, we are well positioned to drive growth and deliver exceptional value to our customers across Europe and beyond.” said Bart de Bruycker, Chief Executive Officer of Marvesa.

The acquisition aligns with SDGI’s long-term strategy to integrate its value chain and expanding its footprint in key markets.