Dutch fruit and vegetable growers Best of Four and Van Nature are to merge.
The cooperatives, which will function as one as of January 2020, have not disclosed whether the deal entails any financial considerations.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Best of Four and Van Nature said that through this merger they expect to gain more advantages for their members..
The new organisation will have 265 members and 1,029 ha of greenhouse vegetables. It will become the largest producer of greenhouse vegetables in the Netherlands and will also become a major player in the fruit and full soil vegetable arena.
Its members will, collectively, control 2,105 ha of under soil vegetables and 1.682 ha of fruit.
The companies’ boards also believe the deal will improve their hand when dealing with retailers and trade buyers and allow them to better market their members’ products.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe new cooperative’s board will be made up of the two cooperatives’ former directors. Best of Four’s Jan Oosterom will become chairman. He will be supported by four directors from Van Nature and four from Best of Four.
The name of the newly formed company will be announced on 1 January 2020.
Best of Four and Van Nature started exploratory investigations into a possible merger back in May.
