German multinational BayWa has agreed to divest its Cefetra Group agricultural trading subsidiary to a group of European investors, subject to consultation and closing conditions. The deal, expected to complete...
BayWa
BayWa group mulls restructure options
Cefetra’s parent company, the German multinational BayWa Group, has announced its commissioning of a “restructuring opinion” in response to “a strained financing situation”. The conglomerate’s activities span the Cefetra feed...
Weaker 2023 trading leads to BayWa Group loss
Falling revenues and profitability from full year 2023, after the record year in 2022, are prompting the German multinational BayWa Group to review all its component businesses in order to focus on those that are profitable. The Group reports earnings before tax and...
Record UK results for Cefetra
Arable marketing business Cefetra Ltd, the UK arm of the BayWa Group’s Cefetra commodities marketing company, says it is optimistic for 2024 after posting record 2022 results. Cefetra Ltd has reported an...
Cefetra moves into the dairy and alternatives supply chain
The Cefetra Group has launched a new milk and dairy products trading company, Cefetra Dairy, as part of its diversification strategy. Already one Europe’s largest importers of grains and oilseeds, Cefetra says the move is a natural...
Cefetra helps lift BayWa at Q3
Cefetra’s grain trading has lifted the BayWa Group’s third quarter agricultural profitability and revenues, but the group is concerned about short term fertiliser availability. BayWa’s Agriculture Segment has reported a Q3 EBIT of...
