Nutreco delisted from Euronext
As of close of market Thursday (16 April, 2015) Dutch feed company Nutreco was delisted from the Euronext Amsterdam stock exchange, after 18 years.
The company’s move to delist itself came after the takeover, last year, by SHV a trade conglomerate, which is owned by the Fentener Van Vlissingen family.
At one stage Cargill was also in the running to takeover Nutreco but this interest prompted SHV to up its offer. The takeover was authorised by the European Commission in December 2014.
Dutch feed company awarded for financial openness
Nutreco was 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. The total shareholders return over that peiod is 885%, 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 for Dutch feed company
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.
Read more about Nutreco:
Nutreco ends divestment process in Portugal/Spain
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