BayWa AG consolidates fresh produce business into new subsidiary
Some ten years after launching its internationalisation strategy in the fruit sector, BayWa AG is consolidating its fresh produce business in the wholly owned subsidiary BayWa Global Produce GmbH.
The organization says it will strategically develop its activities in the fruit and vegetable sector in order to leverage the potential of the rising global growth through investments and partnerships, based on a new company structure with an executive management board.
At the same time, the new company underlines the significance of the fruit and vegetable business through an individual brand and a unique look.
“By taking this step, we are strengthening the fresh produce business as a profitable engine of investment and growth within the BayWa Group,” says Prof. Klaus Josef Lutz, Chief Executive Officer of BayWa AG and Chairman of the BayWa Global Produce GmbH Supervisory Board.
“The founding of BayWa Global Produce GmbH is a future-oriented milestone aimed at solidifying and further developing our position in the international market.”
The company is managed by Benedikt Mangold (CEO), Bastian von Streit (CFO) and Katelyn Jones (CBDO). As a result of the new organisational structure, the shareholdings in BayWa Obst GmbH & Co. KG (Germany), T&G Global Ltd. (New Zealand), TFC Holland B.V. (Netherlands) and Al Dahra BayWa Agriculture LLC (United Arab Emirates) are being transferred to BayWa Global Produce GmbH.
For a joint positioning and under an overarching strategy, BayWa Global Produce will build on the strengths of its affiliated companies and continue to invest in its portfolio with a focus on genetics, growing, markets and innovation.
“We are passionate about excellent products and aspire to actively shape stable value chains through innovative solutions,” Benedikt Mangold says, explaining the self-image of the new company.
“By acting responsibly and focussing on future-oriented business models we intend to create sustainable added value for our partners and the community.”
The resilient network, the innovative strength and the high value products and brands provide an excellent starting point to differentiate from competitors .
"In developing our growth strategy, we have a strong focus on long-term partnerships and ecological, economic and social sustainability aspects. Following this aspiration serves as our guidance and our benchmark," says Benedikt Mangold.
The company calls attention to its independence through an individual logo.
Mangold said: “Visually, we are building on the solid foundation of BayWa and by using organic shapes, we are highlighting the natural form of the products in our sector.”
The new monochromatic logo design will play a key role in future projects while underlining the importance of sustainability.