According to the Dutch Feed Industry Association, ForFarmers/Tasomix is one of the largest feed producers in the Netherlands by inventory turnover and has more than 30 years of experience in the Polish market.
The company has a strong position in the poultry sector and also focuses on growing its position in the ruminant and pig sectors.
One of the strategic objectives of ForFarmers/Tasomix is to expand in the attractive Polish agricultural market and the acquisition of Piast is entirely in line with this objective.
On the other hand, Piast has operated in the Polish market from as early as the 1970s, mainly focusing on broiler and turkey farmers in the free market.
However, over time, Piast expanded its portfolio of products for pigs and cattle and acquired additional production locations in Plonsk, Golancz, and Olesno.
According to the two companies, while the financial details of the transaction are yet to be disclosed, merging their feed activities is expected to increase the volume produced by ForFarmers/Tasomix by 410,000 tons.
Additionally, ForFarmers/Tasomix will strengthen its position in the broiler sector as a result of this acquisition.
ForFarmers said that the transaction is pending the approval of the Polish competition authority, but the closing of the transaction is expected to take place in the fourth quarter of 2023.
Due to the location of the mills of Piast versus those of ForFarmers/Tasomix, it is possible to create dedicated mills to be able to produce more efficiently.
Moreover, the larger geographical footprint provides opportunities to enlarge the customer base. In addition, Piast owns two unique poultry feed technologies, which are cost-efficient, can well be applied at ForFarmers/Tasomix, and also fit with the sustainability strategy.
“This cooperation is a great step forward for both parties,” said Pawel Swierkula, managing director of ForFarmers/Tasomix.
Swierkula also added that Piast and ForFarmers/Tasomix have similar company cultures and the same attitude toward customers and that working together offers them a larger operating area in centers of growth in our country and will therefore enhance the solid platform to further develop and improve a sustainable future for their business.
“We are very optimistic about the transfer of our feed activities to ForFarmers/Tasomix. This will bring many benefits and new perspectives to our customers who will be able to benefit from the vast experience and knowledge that this international company has. We look forward to working with their management to make this transaction a success,” said Adam Plewiński, co-owner of Piast.