19 December 2014
ForFarmers B.V. (“ForFarmers”) will transfer its export business for non-core Countries to Nutreco with effect from 1st January 2015. This business with a sales turnover of €8,5 million, is predominantly focused on young animal feed exported from the UK. This transfer has no impact on the ForFarmers young animal feed business in the four key countries of operation (Netherlands, UK, Germany and Belgium) where young animal feed remain a key part of the Total Feed Business offering. These changes do affect a number of BOCM PAULS International staff and wherever possible they are being placed in alternative roles within the ForFarmers organisation.
The International export business was started in 1994 and has developed very successfully, having strong relationships with key distributors and customers in a number of European countries. It is important to maintain these customer relationships as the business moves forward, and to this end a number of BOCM PAULS international brands will be licensed to Nutreco for a period of time. Nutreco can offer an even better customer solution by working closely together with the distributors and utilising each other’s knowledge and strengths in the export countries.
Yoram Knoop says:
“Following the recent announcement regarding the renewal of the existing strategic partnership between ForFarmers and Nutreco we have been reviewing the combined strengths of each business and have concluded that our international markets for young animal feed are best served in the longer term by utilising the strengths of Nutreco. Our distributors and customers should see very little change as a result of the transfer, other than in time production is likely to be transferred to specialist production plants in Europe where the local needs for each country may be better served. Nutreco is committed to the development and innovation of young animal feed and is investing significantly in resources to support this activity. Our teams will of course continue to work very closely with the Nutreco team.”