Danish nursery Sogo Team ApS went bankrupt. Several Danish newspapers reported about the financial problems of this nursery, which is owned by Sogo Team Ltd in Taiwan, and specialized in breeding and producing Phalaenopsis. According to Fyens Stiftstidende a Danish grower took over the bankrupt company. The daily paper mentions a name of the possible buyer, but he denied it. For the time being, the new owner remains unknown. However, a Danish trustee should have confirmed the take-over.
Sogo Team ApS' speciality mini-Phaleanopsis - photo: newPlantsandFlowers
In 1999, Sogo Team Ltd from Taiwan purchased Danish nursery Helios, which at that time also went bankrupt. The Danish affiliate of Sogo Team became a major supplier of mini Phalaenopsis in Europe. Overproduction of these minis may be one of the reasons for the financial troubles.
source: NewPlantsandFlowers
Announcements
Job Offers
- Managing Director, UK
- Sales Manager Bio / Netherlands
- Production Manager
- Assistant Professor - Controlled Environments Entomologist
- Technical Development Specialist | Horticulture | France
- Director of Business Development | Middle East | Agtech
- Farm/Production Manager; Berlin (m/w/d)
- Trader Asian Market
- Avocado Growing Manager - Kenya
- Sales Manager for Nordic countries (H/F)
"Tweeting Growers"
Top 5 -yesterday
- Marketing trends for 2023 your organization should consider
- "Increasing demand for coco substrate and sustainable cultivation systems with circular fertilizers"
- “A pot rose with an X-factor”
- Midstream Lighting completes acquisition of Hyperion Grow
- Special Year Overview 2022: Some award-winning rose varieties!
Top 5 -last week
Top 5 -last month
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
- 2022-12-08 "Increasing demand for coco substrate and sustainable cultivation systems with circular fertilizers"
- 2022-12-08 Following insect footprints to improve crop resilience and monitor pollinator biodiversity
- 2022-12-08 "Nowhere in the world, crops are grown more efficiently than here"
- 2022-12-08 Acquisition of Penny UK by Power Plastics
- 2022-12-08 Marketing trends for 2023 your organization should consider
- 2022-12-08 Trinity Natural Capital Markets welcomes the development of the UK Soil Carbon Code
- 2022-12-08 Tim goes from L’Oréal to top finance role at Wyevale Nurseries
- 2022-12-08 Flower wholesale market in Düsseldorf gets new home
- 2022-12-07 NASA funds scale-up of fluorescent greenhouse roofing technology
- 2022-12-07 Pantone’s Color of the Year 2023: Viva Magenta 18-1750
- 2022-12-07 Matt Olson joins the Bailey Marketing Team
- 2022-12-07 Dümmen Orange breaking new ground at the 7th Cut Chrysanthemum Trial in Aichi, Japan
- 2022-12-07 Certis Biologicals appoints new president of business development and licensing
- 2022-12-07 Van den Bos Flowerbulbs taken over by Heylen Group
- 2022-12-07 Havatec guarantees continuity for Jamafa
- 2022-12-06 "We suspended sales of high-cost 4G products and promoted cost-effective USB temperature and humidity loggers"
- 2022-12-06 Land-grant universities helping solve needs of specialty crop industries
- 2022-12-06 US (CA): Bay Area flower growers face skyrocketing natural gas prices
- 2022-12-06 Dutch Horticulture youth looks to connect around the topic of energy
- 2022-12-06 UK: A week at Compton Garden Flowers
