Dutch poultry processor Storteboom has been declared bankrupt, as its poor financial state was aggravated by the recent outbreak of bird flu in the Netherlands.

The company’s around 1000 workers are to be laid off by the end of June 2003, although a number of them may be re-employed if the company resumes operating.

Storteboom is the largest poultry processing company in the Netherlands, with a market share of 20%, reported the Dutch News Digest.

The company posted losses in 2001 and 2002 as it failed to compete with cheap poultry imports from Brazil and Thailand.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData