The next Polish agri-food manufacture plants are planned to be taken over by abroad capital. Will they proceed to trust on national natural materials?
On the 1 hand, there is simply a slaughterhouse and a processing plant, and on the another hand an ice cream factory. What's the connection? Both Algas, who specializes in poultry processing and Nordis, an ice cream manufacturer, are companies of specified small importance that their names do not tell much of the average consumer. However, another agri-food industries to be taken over are known to many of us.
Dutch get poultry manufacture
Plukon Food Group, a Dutch company, announced the acquisition of 100% stake in the poultry slaughter and processing plant in Dąbrowa Górnicza from Algas. More specifically, it is simply a crucial maker of poultry meat in confederate Poland. The turnover of this plant in 2023 amounted to around EUR 35 million and more than 40% of its products are exported to EU countries. The fresh Dutch owner ensures that the household of existing owners will proceed to be active in the business of the plant. In addition, household chicken farms will proceed to supply their products to the Algas slaughterhouse.
The Food Group operates in six EU countries and employs more than 9 000 employees, generating an yearly turnover of more than EUR 3 billion. He besides holds shares in a poultry company in Gruszczyce close Sierad. The German poultry mogul EW Group is 1 of the company's main shareholders.
Ukrainians take over Polish ice cream maker 1 of the largest ice cream producers in Ukraine, The 3 Bears, took over Polish company Nordis, which owns an ice cream mill and frozen vegetables. Nordis has factories and warehouses in western Poland and produces over 100 types of ice cream and semi-finished products. It besides has its own distribution network in 19 Polish cities.
Arabs curious in buying Polish poultry tycoon
Another transaction, if it comes to pass, could be significant. According to Interia, based on Bloomberg's reports, the ADQ fund from the United arabian Emirates wants to take over the Polish leader in poultry production, Cedrob. According to Bloomberg, the value of this completely Polish company is estimated at PLN 8 billion. Cedrob besides produces pigs.
ADQ is simply a state fund based in Abu Dhabi, the capital of the United arabian Emirates. According to Interia, he manages global assets worth over $150 billion and has so far invested money, including through LDC, Indykpol or Drosea.
Taking over the agri-food industry, what next?
It is not clear precisely what will happen erstwhile the next Polish agri-food processing plants turn into abroad capital control. However, it is known that the current problems related to the existence and prices of Polish fruit and vegetables for processing are explained by farmers, among another things, by the fact that abroad capital took over Polish plants of this industry.
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Daniel Głogowski
Publicist, author and social activist. The first articles were published in 1999 for global publishers. For more than 30 years, he has gained his experience through cooperation with the largest editorial offices. In his articles, he sought to address controversial themes and present first viewpoints that allowed for a deeper knowing of the issues discussed. Over the years, he gained a reputation as a reliable journalist. Contact: [email protected]
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Poultry processing plant Algas of Dąbrowa Górnicza taken over by the Dutch
