The Greenery BV and Hessing BV have reached an agreement for the repurchase of Hessing Supervers' shares by family Hessing. This entails that all shares of the producer of cut vegetables, processed fruits, fresh juices and salads will be fully owned by the Hessing family after a period of 12 years. No statements were made about takeovers by either party.
The transfer of 45 percent of the shares to the Hessing family reflects the determination of The Greenery BV for a better alignment between the company's financial participations and its core business. The sale of Hessing Supervers' shares leads to a strengthening of the capital and gives The Greenery room to invest in the further development of its core activities.
The repurchase of The Greenery's shares by the Hessing family is a sign of the confidence that the family business has in its own company, says owner Frank Hessing. "We are proud and happy to be able to buy back the shares, and we, at The Greenery, are very grateful for the excellent cooperation developed in recent years and for the knowledge that they have brought into our company."
The Greenery and Hessing have confirmed they will continue working closely together after the transfer has been completed in terms of marketing and product development.
About The Greenery
As a marketing and distribution company under Cooperative Cofota, The Greenery UA supplies a wide range of fresh fruit, vegetables and mushrooms all year-round to international supermarket chains, wholesalers, caterers and the food processing industry. To ensure the freshness of its products, The Greenery works with a limited number of qualified locations where direct loading of fresh products to the DC's of its customers is possible. This short chain ensures that fresh fruit and vegetables will be available to consumers every day.
About Hessing Supervers
The family business Hessing Supervers, with an annual turnover of 200 million Euro and sales of about 250 million packages per year, is one of the largest processors of fresh fruit and vegetables in the Netherlands. It employs approximately 1,250 people in five production sites. The company has its own transport division. The fresh products are delivered to various supermarket chains in the Netherlands and Belgium and the European foodservice industry. For Hessing, only one promise counts: that each Hessing product will be tasty, healthy and fresh. No, superfresh!