HENDRIX GENETICS AND NPM CAPITAL SIGN MEMORANDUM OF UNDERSTANDING TO JOIN FORCES IN ANIMAL BREEDING & LIFE SCIENCES
Hendrix Genetics, a leading multi-species animal genetics company, and NPM Capital, a subsidiary of family owned SHV Holdings, have signed a Memorandum of Understanding for NPM to become a minority shareholder in Hendrix Genetics, alongside existing shareholders (family Hendrix, Management and Sofiprotéol), via the issuing of new shares. Completion of the transaction is expected mid-year.
The family Hendrix will remain the majority and controlling shareholder and the company will continue to conduct its business under current corporate governance and with the existing management team, strategy and structure. The transaction is subject to customary notification and approval requirements.
NPM Capital finances buy-outs in partnership with management teams and provides growth and replacement capital to (family) companies. NPM Capital manages a portfolio of 28 medium and large businesses that operate in a range of sectors from food to e-commerce, energy and healthcare. NPM invests in companies that have three things in common: a clear growth or development strategy, strong management and sustainable competitive advantages. www.npm-capital.com
NPM is part of SHV Holdings NV, a privately owned Dutch trading company, regarded as one of the world’s largest private trading groups. SHV is a highly diversified company, with interests in transport, retail, oil, food and financial services and employs around 47.000 people worldwide. www.shv.nl
Hendrix Genetics, headquartered in Boxmeer, in The Netherlands-EU, is a leading multi-species breeding company with primary activities in layer-, turkey-, pig-, aquaculture -and traditional poultry breeding.
The company is dedicated to generating solutions for the animal protein sector that solve the challenges of today and those of tomorrow. Backed by a strong portfolio of leading brands, Hendrix Genetics provides expertise and resources to producers in more than 100 countries, with operations and joint ventures in 24 countries and more than 2.400 employees worldwide. With respect and care for people, animals and the environment, Hendrix Genetics is dedicated to delivering better breeding today, for a brighter life tomorrow. www.hendrix-genetics.com
For more information, please contact
T +31 485 801 911
Hendrix Genetics B.V.
Villa ‘de Körver’, Spoorstraat 69, 5831 CK Boxmeer
B.P. 114, 5830 AC Boxmeer, The Netherlands-EU
T +31 20 570 5555
NPM Capital NV
1077 BL Amsterdam- The Netherlands-EU