The Polish competition authority has approved ForFarmers’ acquisition of Piast Pasze Sp. z.o.o., which was first announced in July.
With the acquisition, the volume in Poland for ForFarmers/Tasomix will increase by 410,000 metric tons, particularly strengthening its position in the broiler sector.
ForFarmers says the deal is in line with its strategic objectives to expand in the Polish agricultural market.
“This cooperation is a great step forward for both parties,” said Pawel Swierkula, managing director of ForFarmers/Tasomix. “Piast and ForFarmers/Tasomix have similar company cultures and the same attitude towards customers. Working together offers us a larger operating area in centers of growth in our country and will therefore help us to enhance the solid platform to further develop and improve a sustainable future for our business.”
Due to the location of the mills of Piast versus those of ForFarmers/Tasomix, it is possible to create dedicated mills to be able to produce more efficiently, the company said when the deal was announced. The larger geographical footprint provides opportunities to enlarge the customer base. In addition, Piast owns two unique poultry feed technologies, which are cost efficient, can well be applied at ForFarmers/Tasomix and also fit with the sustainability strategy.
“We are very optimistic about the transfer of our feed activities to ForFarmers/Tasomix,” said Adam Plewiński, co-owner of Piast. “This will bring many benefits and new perspectives to our customers who will be able to benefit from the vast experience and knowledge that this international company has. We look forward to working with their management to make this transaction a success.”
The history of Piast dates back to the 1970s with its original location in Lewkowiec (central Poland), which mainly focused on broiler and turkey farmers in the free market. Over time, Piast expanded its portfolio of products for pigs and cattle and acquired additional production locations in Plonsk, Golancz and Olesno. There are 220 employees involved in management, sales and production.
