News

Cosun has finalised a CHF 3M investment in scale-up planetary SA (“planetary”) to further boost the development of sustainable and cost-effective food ingredients through fermentation. Cosun and planetary will also explore ways to collaborate on commercialising mycoprotein and create new applications for plant-based food.

Last night, on May 16, CEO Hans Meeuwis received on behalf of Cosun the Koning Willem I Award from Honorary Chair Her Majesty Queen Máxima and Chair Klaas Knot during the festive finale in Zwolle. A remarkable honor. Cosun won the Koning Willem I Award in the 'Large Company' category.

On February 16, the preliminary 2023 results were released. The publication of the Annual Report 2023 presents the final results.

• Turnover of agrifood cooperative Cosun increases from €3,047 million to €3,704 million (+22%).  
• Preliminary operating profit, before members’ bonus, rises from €196 million to €525 million (+168%).
• Beet price at standard quality rises from €68.75 to €78.00 (+13%) in a challenging crop year with extreme weather conditions.  
• Good progress on execution of strategy Unlock 25 in dynamic year. 
• Rising costs throughout the chain necessitate price increase. 
• Strong increase in operating profit of the various business groups partly driven by favourable market conditions. Economic turbulence and harvest conditions present a mixed picture of volume development.
• Further acceleration in the execution of the strategy Unlock 25 and improving underlying results remain top priority for Cosun in 2024.

Royal Cosun has finalised its investment in PeakBridge’s Growth Fund II. PeakBridge is a pioneering global impact fund in agri-foodtech, focusing on scalable, patented, and sustainable technologies addressing long term environmental and nutrition challenges in agri-food chains.

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.