Agribio Group And Dümmen To Merge

Agribio Group And Dümmen To Merge

Breeding and young plant production companies Dümmen and Agribio Group have announced the intention to merge.

The new company will have two independent divisions. The Dümmen division will be headed by Tobias Dümmen and Perry Wismans, current board members of Dümmen. The North American operations of Agribio Group (including Oro Farms and Ecke) will be brought under the leadership of the Dümmen division. The directors of the two divisions will form the board of the new company together with the current board members of Agribio Group, Roger Gerritzen (CFO), Roger Peeters (director R&D) and Peter Kroeze (Chairman).

The Agribio division will be responsible for cut flowers and pot plants, and the Dümmen division will be responsible for bedding plants and poinsettias. The current brands, like Fides, Red Fox, Barberet & Blanc, Lex+ and Ecke, will still be prominent in the market place going forward. The Agribio division will be headed by Harry Kloppenburg, currently CEO of Agribio Group.

The combined company will have around 6,000 employees worldwide and expects to generate $235 million in sales annually. The Dümmen family and management and H2 Equity Partners will be the shareholders of the new company.

A release from Agribio/Dümmen points to the need for breeding companies of sufficient size to cope with industry developments such as grower consolidation, advanced breeding techniques and the importance of retailers.

The combination will profit from the advanced breeding technologies of Agribio Group and the professional supply chain skills of Dümmen. Based in Germany, Dümmen is known for its poinsettia and spring annuals like geraniums, while Dutch-based Agribio Group is strong in products as chrysanthemum, carnation, rose and Calandiva. Agribio says the intended merger will create a breeding company with a unique international production and sales network. 

“Ever since the company became independent in 2010 we have actively pursued a growth strategy focused on complementing our portfolio and market presence,” says Harry Kloppenburg, president of the Agribio Group. “Because of this merger, we are capable of offering virtually the full range of products in all continents. Hence we have the opportunity to create a unique company, focused on supplying new and differentiating products with a good price/quality ratio to our customers, thereby creating added value to the entire floricultural chain. We are impressed by Dümmen’s deep knowledge of the industry and its category management skills, something we can certainly benefit from.”

Topics:

Leave a Reply

More From Varieties...
Poinsettia 'Christmas Joy Marble'

February 20, 2017

5 New Varieties Shaking Up the Poinsettia Tradition

With poinsettias trending toward non-traditional colors, growers may find new opportunities to spread sales beyond the winter holidays. Here are five of the newest euphorbia varieties to hit the market that may play a role in redefining the future of the poinsettia market.

Read More
University of Tennessee trials overview (2015 University of Tennessee Field Trials)

February 19, 2017

2016 University of Tennessee Field Trials Results

Check out the 2016 field trials results for the University of Tennessee Gardens in Knoxville and Jackson, TN.

Read More
Reiman Gardens field trials

February 18, 2017

2016 Iowa State University Field Trials Results

Check out the 2016 field trials results for Reiman Gardens at Iowa State University in Ames, IA.

Read More
Latest Stories
Poinsettia 'Christmas Joy Marble'

February 20, 2017

5 New Varieties Shaking Up the Poinsettia Tradition

With poinsettias trending toward non-traditional colors, growers may find new opportunities to spread sales beyond the winter holidays. Here are five of the newest euphorbia varieties to hit the market that may play a role in redefining the future of the poinsettia market.

Read More
University of Tennessee trials overview (2015 University of Tennessee Field Trials)

February 19, 2017

2016 University of Tennessee Field Trials Results

Check out the 2016 field trials results for the University of Tennessee Gardens in Knoxville and Jackson, TN.

Read More
Reiman Gardens field trials

February 18, 2017

2016 Iowa State University Field Trials Results

Check out the 2016 field trials results for Reiman Gardens at Iowa State University in Ames, IA.

Read More
Syngenta Obsession Cascade

February 15, 2017

Syngenta Introduces Two New Flower Series for 2017

‘Sunfinity’ Sunflower produces multiple branches with numerous flowers that bloom all season long, while ‘Obsession Cascade’ Verbena quickly fills containers with vibrant flower patterns.

Read More
Euphorbia 'Gold Rush'

February 8, 2017

5 Ways to Tie Poinsettias to Lifestyle Trends for Incre…

With poinsettia planning upon us, here are a few ideas to incorporate them into upcoming lifestyle and home décor trends to help increase sales.

Read More
Table setting with begonias for decoration

February 7, 2017

Seasonal Plant Trends for 2017 and Beyond

Aligning your plant sales with popular lifestyle and home décor movements will engage your customers and multiply your profits.

Read More

February 7, 2017

Costa Farms’ Season Premier Presents a First Look at Ne…

The annual event brings breeders, growers, and retailers together to compare new plant varieties and evaluate their performance. Here's a look at some of the new varieties featured in the trial gardens.

Read More
Grateful Heart Rose feature

February 5, 2017

Flower Breeders Making Donations for Heart Disease and …

Companies such as Jackson & Perkins and Proven Winners ColorChoice Shrubs are donating portions of their sales to groups such as the American Heart Association and the Breast Cancer Research Foundation.

Read More
Tyler Beasley

February 1, 2017

Allan Armitage California Spring Trials Scholarship Win…

Beasley, a junior at Oregon State University’s Ecampus who also manages a local community college greenhouse, will join Armitage and a team of Greenhouse Grower editors in attending and reporting on the 2017 California Spring Trials.

Read More
IPM Essen Plant Innovations Winners

January 31, 2017

Top New Plants Recognized at IPM Essen in Germany

Winners were announced in several categories in the Innovations Showcase, from flowering houseplants to cut flowers.

Read More
Allan Armitage San Marzano tomato plant feature

January 25, 2017

Allan Armitage Describes Veggies, Shade Plants, and Cli…

Here's a look at plants that could help you with successful growing in 2017.

Read More
Hibiscus Hollywood Gossip Queen

January 24, 2017

29 New Flowering and Foliage Plants from TPIE 2017

The Tropical Plant Industry Exhibition (TPIE) was the place to be Jan. 18-20 to catch a peek at some of the new plant introductions making their first appearance on the market.

Read More
Quick Plug

January 24, 2017

Dümmen Orange Acquires Quick Plug, a Cutting Compost Su…

Quick Plug technology is designed to open up opportunities for automation and robotization of several product groups and add quality to rooted products.

Read More
EPCOT Suntory Princettia Euphorbia

January 23, 2017

Princettia Euphorbias Charm Vacationers at Disney Resor…

Suntory’s Princettia euphorbias have brought a new color palette to the holiday landscapes at Walt Disney World’s resorts and theme parks in central Florida.

Read More
Youngs Plant Farm Trial Garden feature

January 21, 2017

Don’t Miss the Southern Garden Tour This June

Growers, retailers, and all industry professionals are invited to the 2017 Southern Garden Tour, which is hosted by Young’s Plant Farms, Sakata, and Metrolina Greenhouses, and will be held June 6-8.

Read More
Gaillardia 'Mesa Red'

January 21, 2017

2016 Pike Creek Horticulture Center Field Trials Result…

Check out the 2016 field trials results for The Pike Creek Horticulture Center in Kenosha, WI.

Read More
Anna Chernyavsky

January 20, 2017

New Director of Sales for Bedding Plants and Perennials…

Anna Chernyavsky, who joined Danziger in August 2016, will be in charge of the U.S. and United Kingdom markets.

Read More
Hydrangea ‘Endless Summer BloomStruck’ (Bailey Nurseries)

January 19, 2017

Bailey Nurseries Hosting Spring Previews in February

The previews, which provide education, new variety information, and retail support programs, will take place in Illinois, Minnesota, and Boston.

Read More