News

Mathys Boeren will join Royal Cosun as Corporate Director Innovation effective September 1, 2023.

Breda, 20 july - Royal Cosun has reached agreement on the sale of SVZ to the Döhler Group.

The Re-Ge-NL innovation programme is designed to bring about the transition to a regenerative, profitable and socially supported agricultural sector. The programme proposal was submitted by the Ministry of Agriculture, Nature and Food Quality. It was developed by Next Food Collective, Wageningen University & Research, University of Groningen and Utrecht University, as well as 54 partners from across the food system - Royal Cosun being one of them. On Friday, June 30, 2023, the Cabinet announced its intention to invest 129 million Euros, subject to conditions, from the National Growth Fund (NGF) in the innovation program Re-Ge-NL.

Wageningen, 2 May – Cosun and Oost NL team up to jointly invest €8M in Wageningen-based foodtech scale-up revyve to boost the development of sustainable, upcycled and local food ingredients, derived from co-products of beer breweries. 

On February 9, the preliminary 2022 results were released. The publication of the Annual Report 2022 presents the final results.

Royal Cosun has appointed Geert-Jan Beijering as director of the new Cosun Biobased business unit. Geert-Jan will join Cosun on July 1, 2023. Together with his team, Geert-Jan will be responsible for the development and accelerated growth of biobased solutions within Cosun.

Groeikracht Cosun is for everyone working on profitable, future-proof cultivation. Through our agricultural services we have a network of 10,000 potato, sugar beet and chicory growers. Together, we can really make a difference.

• Cosun turnover rises from €2,287 million to €3,047 million (+33%) due to higher prices and volume growth.
• Sharply rising costs across the board necessitate price increases.
• Preliminary operating result before members’ bonus rises from €43 million to €196 million.
• Beet prices rise from €40 to €68.75 driven by improved results and a new members' bonus system. The higher beet prices supports members absorb increased costs.
• Preliminary net earnings after members’ bonus rise from €-/- 8 million to €75 million.
• In a dynamic year, good progress was made in implementing Cosun’s Unlock 25 strategy.
• There was further improvement of operating results across all business groups.

Dutch Food Week is the national week where we pay attention to our food. Cosun will again be a lead partner of this national event in 2023. During Dutch Food Week, parties from the food sector share their enthusiasm, knowledge and expertise with society. Farmers and growers, entrepreneurs, suppliers, retailers, the government and scientists show how they are working on the production, distribution and development of our food.

Royal Cosun, a leading international agricultural cooperative, has successfully placed EUR 60m and EUR 145m in ESG-Linked Senior Unsecured Fixed & Floating Rate Loans with the support of BNP Paribas, Rabobank and Raiffeisen Bank International as joint arrangers. The ESG-linked loans were issued in three, five, seven and ten-year tranches, with proceeds used for general corporate purposes and refinancing of existing debt. As Cosun’s coordinator, BNP Paribas structured the sustainability adjustment feature, with a potential 5 basis points (bps) coupon step-down in case three ESG-related key performance indicators are met: