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Royal Wessanen

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Type
  
Naamloze vennootschap

Industry
  
Food processing

Number of employees
  
1,998

Traded as
  
Euronext: WES

Founded
  
1765

Royal Wessanen wwwwessanencomContentimageslogoheaderpng

Founder
  
Adriaan Wessanen, Dirk Laan

Key people
  
Christophe Barnouin (CEO) Frans Koffrie (Chairman of the supervisory board) Ronald Merckx (CFO)

Products
  
Natural, vegetarian, organic foods

Stock price
  
WES (AMS) € 12.33 -0.02 (-0.16%)23 Mar, 5:35 PM GMT+1 - Disclaimer

Headquarters
  
Amsterdam-Zuidoost, Netherlands

Total assets
  
368 million EUR (end 2011)

Total equity
  
166.1 million EUR (end 2011)

Subsidiaries
  
Zonnatura B.V., Allos-Walter Lang GmbH

Profiles

Royal Wessanen nv is a multinational food company with a focus on organic, founded and headquartered in the Netherlands. It has operations in Europe and North America. Worldwide it had approx 2,000 employees at the end of 2011, a year in which it reported a revenue of €706 million. Royal Wessanen is listed at Euronext Amsterdam.

Contents

History

'Wessanen en Laan' was founded in 1765 in Wormerveer by Adriaan Wessanen and Dirk Laan to trade in ‘Mustard, Canary and other seeds’. The company flourished as new uses were found for all sorts of seeds. It was helped by the contemporary popularity for keeping caged birds, particularly canaries. At the beginning of the 19th century, the landscape around the Zaan river was dominated by merchants’ houses, their warehouses and, most distinctively, their windmills. In the pre-industrial age, the windmills functioned as sophisticated processing plants, using wind power to crush, grind and mix all manner of ingredients. Wessanen was by the start of the 20th century a large company, and following the award of royal warrants it was now known as NV Wessanen Koninklijke Fabrieken (royal factories). With a diversified global sales market, it was able to survive war, tariff barriers and the demise of colonialism. But it was still a typically Dutch company, with production facilities on the Zaan River.

Activities

Wessanen works with organic or natural food

In Europe Wessanen is, next to the Netherlands (Wessanen Benelux, Natudis, Foodprints, Kroon Biologische Verswaren), active in Belgium (Hagor-Bioservice), Germany (Allos Hof-Manufaktur GmbH, Allos GmbH, Allos Schwarzwald GmbH), France (Bjorg Bonneterre et Compagnie), the United Kingdom (Kallo Foods, Clipper tea) and Italy (Bio Slym).

Wessanen decided to leave the North American market. Its Tree of Life unit, part of the firm since 1985, was sold to Chicago-based Kehe Food Distributors for $190 million in early 2010. It concluded the €16.7 million sale of its bread products subsidiary Panos in December 2010 and sold American Beverage Corporation to Harvest Hill Beverage Co. in 2015.

Executive board

  • Christophe Barnouin, CEO
  • Ronald Merckx, CFO
  • Supervisory board

  • Frank van Oers, Chairman
  • Marjet van Zuijlen, Vice-Chairman
  • Rudy Kluiber
  • Ivonne Rietjens
  • References

    Royal Wessanen Wikipedia