April 6, 2016
Hendrix Genetics concludes Coolen Hatchery acquisition
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 on October 26, 2015, in which Hendrix Genetics announced it would take a controlling interest in Coolen.
Henk Coolen, managing director of Coolen Hatchery, 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.
"We are pleased with the transition underway and the many advantages this acquisition will bring for customers, employees and our company… this is a logical next step," Dave Libertini, managing director of Hendrix Genetics Turkeys Business Unit, remarked. "The addition of the Coolen hatchery strengthens our global network of turkey distribution."
"The Hendrix Genetics team has been very supportive and I am confident that my decision to work with Hendrix Genetics is the best for the Coolen Hatchery, our employees and customers. I know our clients are in good hands." said Coolen.
"Our organisation is committed to the success of our clients around the world," Antoon van den Berg, CEO of Hendrix Genetics, commented. "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."