Agrifirm's Subsidiary Acquisition by UBM Group Marks a Significant Development in Hungarian Agriculture
The acquisition enhances UBM's production capacity and confirms its leading position in the Hungarian feed market.
Agrifirm, a significant player in Hungary's broiler feed manufacturing industry, is set to be acquired by UBM Group, marking a notable development in the country’s agriculture sector.
Agrifirm operates under the Royal Agrifirm Group, which has established itself as a leader in the production of parent stock, broiler, and layer feeds.
The company operates three feed mills located in Győr, Környe, and Kabán, collectively employing around 130 staff, with a total production capacity reaching approximately 250,000 tons annually.
In 2023, Agrifirm Hungary Zrt.
reported a net revenue nearing 33 billion HUF.
Following the acquisition, UBM Group's total production capacity is projected to increase by over 40%, reaching around 850,000 tons on an annual basis.
This transaction is anticipated to reinforce UBM’s dominant market position on the Budapest Stock Exchange and is seen as a critical milestone in the multinational company's international expansion efforts.
The closure of the transaction and ownership transition is expected to occur this August, pending the necessary competition authority approvals and financing arrangements.
Details regarding the financial aspects of the transaction remain undisclosed by the parties involved.
The Royal Agrifirm Group, founded 120 years ago by approximately 8,000 Dutch farmers, has evolved into one of the world's most influential agricultural companies.
UBM, established in 1996, is one of Hungary's largest agricultural groups and holds a leading position as a feed manufacturer and one of the biggest traders of feed materials in Hungary.
The group operates a total of six feed mills across Hungary, Slovakia, and Romania, exporting to 15 countries, with more than half of its revenue originating from these exports.
Agrifirm operates under the Royal Agrifirm Group, which has established itself as a leader in the production of parent stock, broiler, and layer feeds.
The company operates three feed mills located in Győr, Környe, and Kabán, collectively employing around 130 staff, with a total production capacity reaching approximately 250,000 tons annually.
In 2023, Agrifirm Hungary Zrt.
reported a net revenue nearing 33 billion HUF.
Following the acquisition, UBM Group's total production capacity is projected to increase by over 40%, reaching around 850,000 tons on an annual basis.
This transaction is anticipated to reinforce UBM’s dominant market position on the Budapest Stock Exchange and is seen as a critical milestone in the multinational company's international expansion efforts.
The closure of the transaction and ownership transition is expected to occur this August, pending the necessary competition authority approvals and financing arrangements.
Details regarding the financial aspects of the transaction remain undisclosed by the parties involved.
The Royal Agrifirm Group, founded 120 years ago by approximately 8,000 Dutch farmers, has evolved into one of the world's most influential agricultural companies.
UBM, established in 1996, is one of Hungary's largest agricultural groups and holds a leading position as a feed manufacturer and one of the biggest traders of feed materials in Hungary.
The group operates a total of six feed mills across Hungary, Slovakia, and Romania, exporting to 15 countries, with more than half of its revenue originating from these exports.
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