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Hendrix Genetics Concludes Coolen Turkey Hatchery Acquisition | NPM Capital

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Date
May 12, 2016
Hendrix Genetics Concludes Coolen Turkey Hatchery Acquisition | NPM Capital

Hendrix Genetics has concluded its agreement to purchase 100% of turkey distributor Coolen Hatchery, the largest turkey hatchery in the Netherlands.

This announcement follows a press release of October 26, 2015, in which Hendrix Genetics announced it would take a controlling interest in Coolen.

Henk Coolen will continue on with Hendrix Genetics for the coming years in support of Hendrix Genetics Turkeys activities in the Netherlands. Future plans for the hatchery include the development of the traditional and bronze turkey markets.

According to Dave Libertini, Managing Director of Hendrix Genetics Turkeys Business Unit, the addition of the Coolen hatchery strengthens the firm’s global network of turkey distribution. Antoon van den Berg, CEO of Hendrix Genetics, commented: “Our organization is committed to the success of our clients around the world. This includes access to our genetics and the after sales support to help them reach the full genetic potential. This acquisition allows us to continue to serve the important grower base in the Netherlands.”

Coolen is a family-owned company in its second generation and is a pioneer of the Dutch turkey sector. Over the last 50 years Coolen has grown its company as a distributor of day old turkey poults focused mainly on the Netherlands and neighboring markets. Besides owning and operating the largest turkey hatchery in the Netherlands, the company diversified into other activities as such as traditional animal production with concepts like “Flavours of the Farm”. For further info:  www.flavoursofthefarm.nl

www.hendrix-genetics.com

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