Is the rise of private equity in gardening a curse or a benediction ? After an good afternoon of presentation and word , the positive ratiocination is that it offers many opportunities above all , and that it is also a requisite for a developing sector . Scale increases and mellow - technical school polish systems think of that the upper-case letter necessary for growers and supplier is growing . Private fairness can then offer a solution , although it sometimes move wrong .
Peter Ravensbergen of Wageningen Economic Research start the afternoon .
Everyone knows the narrative where it goes amiss . They are often the ones that make the news . Wim Hulsink of Erasmus University point this out . He analyze individual fairness in horticulture and is one of the seven speaker at the Synergy Meet - Up of the Top Sector Horticulture & Starting Materials on Tuesday good afternoon .
Outside the sector , everyone knows Action . The retail mountain chain is a positive model of how entering secret equity can ferment out well for a company . For another retail concatenation , Hema , the collaboration with a private fairness company did not turn out so well . Hema still survive . Horticulture also has examples of companies with which things become out even bad .
In the vast legal age of cases , however , thing go well . For the written report , the researchers looked at transaction in horticulture from the menses 1989 - 2023 . Of the 66 proceedings from that period , 39 involved private equity . Most of the transactions guide place in 2021 : 11 of them .
Wim Hulsink study private equity in gardening on behalf of Erasmus University .
Who do you choose?Private fairness today can be a complement or alternative to camber financing . On behalf of ABN AMRO ’s research branch , Jan de Ruyter compare financing through the bank with funding through private equity . The bank can not , may not , and will not finance everything , and then private fairness can be a gravy .
Jan advise troupe that come into impinging with individual equity to take a upright facial expression themselves at who they are dealing with . Private equity party often contain out all-inclusive due diligence , but the other way around is not a unfit thought either . According to Jan , however , this does not bump very often yet .
Jan de Ruyter ( ABN AMRO )
According to Leo Schenk of Synergia Capital Partners , the fourth speaker during the good afternoon , it is already quite common for companies themselves to do proper due diligence on the private fairness political party that need to invest in them . As an exemplar , he mentioned Viscon , which eventually joined power with Synergia Capital Partners , but not before first ask several companies from Synergia ’s portfolio about their experience with the private fairness company .
Leo Schenk presents on behalf of Synergia Capital Partners , one of the individual equity parties present Tuesday afternoon
Cooperative equityNavus Ventures is another Dutch private equity party with an interest in the agrifood sphere . Eduard Meijer say the elbow room about its connection with Lely , known for its milking robots , and its investment course . Navus Ventures is building a successful business clump with a encompassing / complete offering to the market . Navus Ventures ' investment included Saia Agrobotics , which fall out to be in the news recently with apilot with Growers United , in the ' innovation brooder ' Proof .
Eduard Meijer unveil Navus Ventures ' CEA strategy
talk on behalf of Growers United is Finance Director Stefan van Vliet . The co-op is attend into arise what is predict cooperative equity , a manakin of funding that should work as a increment accelerator for growers . Within the concept , which has yet to be worked out in more item , growers must be given the pick of allowing private fairness to step in for an agree catamenia , after which the grower can continue with all the part himself after a certain issue of eld .
In the meantime , a grower has then , for example , thanks to the extra financial possibilities , not only bought his neighbor ’s 10 - hectare greenhouse but also realized the in reality needed larger - scale expansion , where without concerted equity there would have been no money .
Stefan van Vliet , Finance Director at Growers United
bet to EuropeAs a consultancy , Hillenraad Partners has been involved in the growth step of Agro Care Growers , among others . It is an lesson of a company that has arise substantially , where economies of scale are clearly seeable . These days , the tomato grower no longer look only at the Netherlands but emphatically at the European marketplace , something Martien Penning of Hillenraad Partners advises all agriculturist who need to uphold their rightfield to exist .
In his presentation , Martien explicate what he conceive individual equity is take care for in gardening . Private fairness , according to him , is front for value creation . And where , concord to the law of three and four , there is still integration to be made . peculiarly in greenhouse vegetables , this is now increasingly visible , with currently one-half of the Dutch love apple acreage in the hands of just ten growers . In the even more split cosmetic gardening sector , there is much less integration , and individual fairness is also ( still ? ) less present .
Martien Penning , Hillenraad Partners
View the photo impression of the afternoon here .
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