ELSA Group has sold SoFine Foods to The New Originals Company
The New Originals Company has acquired SoFine Foods from the ELSA Group.
Founded in 1963, SoFine Foods is a manufacturer of tofu and soy-based products, specializing in sustainable, organic and GMO-free alternatives. The company offers a diverse range of tofu and meat alternatives. Headquartered in Landgraaf, the Netherlands, SoFine operates two established brands that serve markets across Europe, including Germany, Finland and the Benelux. SoFine is renowned for its environmentally friendly production methods and sustainable packaging practices.
Established in Vienna, The New Originals Company is a leading European producer of high-quality tofu and plant-based foods, made from locally sourced soybeans and chickpeas. With production facilities in Germany, Slovakia and Romania, it is a key player in the European plant-based food industry. The New Originals Company owns well-known brands such as Lunter, Omami and Inedit. By blending traditional methods with modern needs, The New Originals Company is committed to sustainable practices across Europe, working closely with local farmers and using gentle processing methods to achieve the perfect balance of health, sustainability and value.
The Elsa Group is one of the leading industrial players in the Swiss dairy industry and a part of the Migros Group (Migros Industrie). Specializing in the production and filling of dairy products, as well as the maturing and processing of cheese, the Elsa Group consists of seven specialized companies that collaborate within an integrated network.
Oaklins’ team in the Netherlands acted as the exclusive M&A sell-side advisor to ELSA Group. This transaction highlights the team’s extensive experience with corporate carveout transactions, along with its proven track record and expertise in the food and beverage sector. The team in Switzerland supported the transaction in its early stages.


Talk to the deal team
Rainier Smeink
Oaklins Netherlands
Related deals
Ambala Foods Limited has been acquired by Cake Box Holdings plc
Cake Box Holdings plc has acquired the Asian dessert specialist Ambala Foods Limited.
Learn moreYeo Valley Limited has acquired Epicurean Dairy (UK) Limited
Yeo Valley Limited has successfully acquired Epicurean Dairy (UK) Limited, the gourmet yoghurt producer known as The Collective.
Learn moreBDS Vending Solutions has been acquired by Coca-Cola HBC Northern Ireland, a subsidiary of Coca-Cola HBC
Coca-Cola HBC Northern Ireland, a subsidiary of Coca-Cola HBC, has completed the acquisition of BDS Vending Solutions. This transaction is aligned with Coca-Cola HBC’s strategy to strengthen its route-to-market and direct-to-consumer capabilities, opening up new opportunities across its diverse portfolio of snacks, as well as cold and hot beverages.
Learn more