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Florimond Desprez acquires 49% stake in Danespo

Florimond Desprez has acquired 49% of the shares 
in Danespo from DLG, thus entering into an equal 
partnership with DLF who owns another 49% of the 
shares. The remaining 2% are owned by growers 
and employees. 

Danespo is the leading company in Northern Europe in the field of breeding, producing and selling quality ware and seed potatoes. Danespo exports to more than 40 countries worldwide and specialises in sales to professional potato growers. 80% of the seed potatoes are sold in export markets in North Africa, the Middle East and Europe. In Denmark and Scandinavia, potatoes to the consumer market are sold under the strong brand, Danespo Food. Danespo has subsidiaries in Germany, the Netherlands and France. 

In 2014, Florimond Desprez entered the seed potatoes industry with the acquisition of Germicopa, a leading French potato company located in Bretany and a global leader in potato varieties with firm flesh. Germicopa is highly engaged in potato breeding, production and sales. 

François Desprez, President Florimond Desprez: 

“Entering into this partnership confirms Florimond Desprez’s commitment to become an important player within the seed potatoes industry.”

“Joining forces with DLF enables our potato business to reach the critical size required to compete with the sector’s leading players.”

Truels Damsgaard, CEO DLF: 

“The partnership between DLF and Florimond Desprez highlights the value, synergies and opportunities in our potato business”

“Both DLF and Florimond Desprez have established strong platforms in the seed market. The two potato businesses, Germicopa and Danespo, complement each other well, and we look forward to developing our cooperation.”

For more information, please visit www.florimond-desprez.com and www.danespo.com.

Source: Florimond Desprez
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