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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
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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


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