Simplot, a privately held food and agriculture enterprise headquartered in Boise, Idaho, will combine forces with Clarebout to create a global platform with 23 production sites and a shared commitment to sustainability, innovation, and community values. The transaction is expected to complete in 2025, subject to regulatory approvals.

Both Simplot and Clarebout share deep agricultural roots and a long-standing dedication to responsible growth. Their union reflects a joint ambition to build a resilient, forward-looking food supply chain capable of addressing today’s economic, environmental, and agricultural challenges. The agreement also ensures continued investment in Clarebout’s European operations, including workforce and facility expansion.

The synergy between the two companies lies not only in their complementary assets but also in their shared values of integrity, sustainability, and long-term vision.

This transaction was a true cross-practice effort, led by our Corporate team and supported by our Employment, Tax, Banking & Finance, Energy & Infrastructure, Litigation and Real Estate practices. The complexity and intensity of the deal brought out the very best in our team, whose dedication, expertise, and collaborative spirit were instrumental in bringing this transaction to signing. We are proud to have played a role in this significant step forward for Clarebout and look forward to seeing the partnership thrive.

About Clarebout Potatoes - family-run Belgian company based in Nieuwkerke, West Flanders. Over the past 37 years, Clarebout has grown into a global leader in frozen potato processing, with five production sites across Europe and more than 3,000 employees. Its customer base spans the retail, catering, and food manufacturing sectors worldwide.

About J.R. Simplot - diversified agricultural powerhouse with operations across the Americas, Asia, and Oceania. Its portfolio includes food processing, fertiliser production, farming, and ranching.