The Dutch multinational Cefetra Group of arable marketing businesses has successfully negotiated a €660 million credit facility in the wake of its divestment from the German multinational BayWa Group. The sale to a group of European...
Cefetra Group
Cefetra to offer UK-made seaweed biostimulants
The Cefetra Group is to market and distribute a range of UK-made seaweed-based crop biostimulants, in a move it says will help growers improve their resilience to environmental stress and boost yields. The company has partnered with...
BayWa agrees Cefetra sale to European investors
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...
Renewables revaluation costs BayWa in first half
First half results from German multinational conglomerate BayWa reveal a substantial write down of assets following a revaluation of its renewable energies division. This follows the full year 2023 Group loss of €93.4m, down from the...
BayWa’s Q3 trading normalises after 2022
A third quarter trading statement from the BayWa Group shows Cefetra’s year to date financials are down from the high figures of a year ago, in line with the rest of the parent Group. BayWa has also divested its precision agriculture...
BayWa AG reports strong first quarter
Cefetra Group revenues for the first quarter of 2023 are little changed from the prior year, with lower operating costs offsetting the fall in commodity values, reports parent BayWa. BayWa Group earnings fell to €91.8 million on...
