Sector News

Greenyard intensifies cooperation with their Fresh Direct operation in Belgium

April 4, 2018
Food & Drink

Greenyard has announced that they will intensify cooperation with their Fresh Direct operation in Belgium and have reached an agreement to obtain 100% in Greenyard Fresh Direct Belgium.

To emphasize this intensified cooperation, an agreement with Ben De Pelsmaeker, Managing Director and co-shareholder of Greenyard Fresh Direct Belgium, has been reached to take over his 49% stake in the company formerly called ‘Ben Fresh’. Through this transaction, Ben De Pelsmaeker will become a shareholder of Greenyard at 19,68 €/share.

This announcement is another step in the common vision of Ben De Pelsmaeker and Greenyard to cooperate with clients over the long term, with a high degree of client support. The Fresh Direct operation in Belgium has potential for future growth and has been integrated within Greenyard’s Fresh operations since their relocation end 2016.

Ben De Pelsmaeker will continue to lead Greenyard Fresh Direct Belgium. Furthermore, this transaction fits within Greenyard’s strategy to be in control as much as possible of all the operations.

Source: Fresh Plaza

comments closed

Related News

December 3, 2022

AI central to Nestle’s innovation overhaul

Food & Drink

Nestle SA has accelerated its product development process by 60% since 2016, according to the company. The faster speed to market has been achieved through a restructuring of its research and development process. Now the company is investing in various forms of artificial intelligence (AI) and machine learning to further improve its R&D process and generate better results.

December 3, 2022

Takeover on the horizon? Brenntag makes preliminary indication of interest for Univar Solutions

Food & Drink

German chemicals distributor Brenntag has confirmed potential takeover talks with US rival Univar Solutions and is understood to be debating the feasibility of a potential acquisition in the coming months. Univar Solutions confirms that it has received a preliminary indication of interest from Brenntag regarding a potential transaction.

December 3, 2022

Cargill announces purchase of Owensboro Grain Company

Food & Drink

Cargill has announced the acquisition of Owensboro Grain Company, a soybean processing facility and refinery located in Kentucky. The purchase of the Owensboro-based company will support Cargill’s efforts to “modernise and increase capacity across its North American oilseeds network to support growing demand for oilseeds driven by food, feed and renewable fuel markets”.