
Announcements
Vacancies
- Junior Sales Manager
- Technical Sales Representative, Leamington, Ontario
- Technical Sales Representative, Ancaster, Ontario
- HR Generalist
- Head Grower Strawberries (West Virginia USA)
- Global Sourcing Manager
- Buying Operations Manager (BOM Process)
- Sourcing Manager EU
- Manager Operations Ethiopia
- Manager Operations Ethiopia
"Tweeting Growers"
Top 5 - yesterday
- "Particularly high demand for tracked machines with slewing ring and pipe rail carts at the moment"
- Reducing the spread of viruses with double cover films
- "Four new packs, four new sustainable solutions"
- "Change, differing opinions, and respect for each other, that's timeless"
- Biostimulant wins EU LIFE Award 2023 in the Environment category
Top 5 - last week
Top 5 - last month
- Hasfarm’s network expands in Indonesia, partnering with Bromelia Flowers and Tropika
- "Breeders need to study the Chinese market carefully before introducing a variety"
- North America: “Unbridled optimism for Mother’s Day tempered by reality”
- “A new sales channel for flower companies without any labor or high fixed costs”
- “Carnations have made a comeback; being seen as trendy again”
Royal FloraHolland secures €195 million loan
Steven van Schilfgaarde, Chief Financial Officer at Royal FloraHolland, explained. "We invest in digital to promote continued growth of the marketplace, for which the continued improvement of our daily service provision plays an essential part. With this new facility, we can realise all of our plans for 2018. It is a clear sign of the banks' confidence in our direction."
Left to right: Hans van Hooren (Rabobank), Steven van Schilfgaarde (CFO Royal FloraHolland), Ton van Adrichem (ING Bank) and Tim Bruins (ABN AMRO Bank)
Flexibility
The new credit line from the combined banks, consisting of Rabobank (coordinator), ABN AMRO and ING, extends for five years with an option for two extensions of one year each. This is replacing a credit facility with more banks than these three that was more expensive for Royal FloraHolland. The new credit line increases financial flexibility and considerably reduces the cost compared to the previous credit facility.
"With the sum agreed with the banks of €195 million, Royal FloraHolland is future-proof, and an important precondition is fulfilled for the implementation of the formulated Strategy2020," said Hans van Hooren, Executive Director at Rabobank. "We are proud of having acted as coordinator of Royal FloraHolland's first multi-bank credit arrangement."
Source: Royal FloraHolland
Publication date:
Receive the daily newsletter in your email for free | Click here
Other news in this sector:
- 2023-06-08 AgriForce forms joint venture with Swiss firm to help with in-progress acquisitions
- 2023-06-08 Italy: Alessandro Michelucci is the new president of Italian Nursery-people association
- 2023-06-08 Interflora celebrates 100th anniversary
- 2023-06-08 CAN: CosMic Plants orchid grower receives MPS-ABC certificate
- 2023-06-08 US: SAF adds breeder category to outstanding varieties competition
- 2023-06-07 “We make both high light transmission and insulation available”
- 2023-06-07 NL: Hem Genetics celebrates 25th anniversary
- 2023-06-07 Ramón Melón joins IUNU as Head Grower
- 2023-06-07 Buyers sought for UK hydroponic salad grower
- 2023-06-06 Tal Netzer appointed as CEO of DryGair
- 2023-06-06 Floranow acquires flower wholesaler Bloomax
- 2023-06-06 UK firm acquires full stake in Bigot Flower Kenya
- 2023-06-05 "Sustainability is also about extending the life of greenhouses"
- 2023-06-05 Swiss biological agricultural product manufacturer sets up office in Kenya
- 2023-06-02 Captain and Könst calla assortment presented during Captain Calla Days
- 2023-06-02 Delphy Group remains independent
- 2023-06-02 FloraLife unveils new brand identity
- 2023-06-02 Kenya: Marcoz Holdings gets approval for acquisition of Phima Flowers
- 2023-06-02 New guardian monitor Wi-Fi launched
- 2023-06-01 Picalla scratch campaign puts buyers in the spotlight