Nutreco prepares for takeover

Rob Fletcher
Published Modified

Issues covered included the following conditional changes in the composition of the Supervisory Board:

  • Mr J de Jong, Mr A Puri and Ms H Verhagen have elected to voluntarily conditionally step down from their positions.

  • Mr S Nanninga, CEO and chairman of the executive board of directors of SHV Holdings, has been conditionally appointed as member of the Supervisory Board for a first period of 4 years.

  • Mr B Beerkens, CFO and member of the executive board of directors of SHV Holdings, has been conditionally appointed as member of the Supervisory Board for a first period of 4 years.

  • Mr W van der Woerd, who is currently a member of the executive board of directors of SHV Holdings, has been conditionally appointed as member of the Supervisory Board for a first period of 4 years.

This means that the board would consist of Mr P Overmars (Chairman and independent member), Mr J Vink (independent member), Mr S Nanninga, Mr B Beerkens and Mr W van der Woerd.

Nutreco has also confirmed that, in addition to the regulatory clearance from the European Union and the competition authorities of Brazil, Canada, Russia, Turkey and the USA, the deal has been cleared by the competition authorities of China.

Meanwhile SHV also claims to be making good progress in obtaining regulatory clearance from the competition authorities of Bosnia and Herzegovina and Ukraine. 

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