Thursday, April 23, 2015

23/04/2015: Nutreco delisted from Euronext

As of close of market on 16 April, Nutreco is delisted from the Euronext Amsterdam stock exchange following a takeover by SHV. Nutreco has been listed on the stock market for over 18 years under the ticker symbol NUO, with the initial public offering taking place on 3 June 1997.
Over two decades Nutreco transformed itself into a global animal nutrition and fish feed company. Divested Nutreco operations such as its compound feed activities in the Benelux, its global salmon farming operations, animal breeding activities and meat processing in the Netherlands have become part of market leaders.

The company also acquired significant animal nutrition and fish feed businesses in countries such as Brazil, Canada, China, Ecuador, Mexico and Vietnam. Nutreco today is fully focused on animal nutrition and fish feed with a global presence in over 30 countries.

Shareholder return
The total shareholders return over the 18 years that Nutreco was listed is 885 percent, outperforming most of the AEX and AMX constituent companies. Nutreco won the Sijthoff Prize three times for excellence in financial reporting by Dutch listed companies for its annual report, which reflects also on the openness with which the company has sought to engage with the capital markets.

Knut Nesse, CEO Nutreco: "I would like to thank our shareholders for their support over the years. Today marks the end of an important era in the history of the company. I appreciate the trust that our shareholders have placed in Nutreco, which has enabled us to successfully grow as a company and to deliver value to them and our other stakeholders."

New chapter
With the takeover by SHV a new chapter opens for Nutreco as a private company. The existing 'Driving sustainable growth' strategy will be continued with the full support of new shareholder SHV.

Knut Nesse: "We will continue to provide innovative and sustainable nutritional solutions for our customers. As part of that determination we will further increase our efforts and investment in R&D. Nutreco remains fully dedicated to its mission Feeding the Future."

Visit the website HERE.

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