Idéal Investisseur
Français English
CAC 40 : Market open
7 897,54 pts
+0.79%


Last updated : 02/10/2026 - 11h28
🏠 Home   ➤    Stock news

ForFarmers finalizes its Polish joint venture and holds 50.5%

Animal feed producer ForFarmers has completed the establishment of its ForFarmers Polska joint venture, bringing together the operations of Tasomix and KPS. The transaction, announced on February 12, 2026, became effective following the satisfaction of all conditions precedent.


ForFarmers finalizes its Polish joint venture and holds 50.5%

A majority stake of 50.5% and full consolidation

ForFarmers holds a controlling stake of 50.5% in the ForFarmers Polska joint venture, which it will consolidate on a full integration basis. The founders of Tasomix and KPS remain minority shareholders in the structure.

With the completion of the transaction, the operations of Tasomix and KPS are combined within ForFarmers Polska. The combination brings together Tasomix's expertise in animal nutrition with KPS's position in poultry production, processing and marketing on the Polish market.

Conditions satisfied, including competition authority approval

Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning ✓ Euronext data ✓ AI-powered analysis

All conditions required for the transaction have been fulfilled, including shareholder approval and approval from the local competition authority.

ForFarmers announced on September 16, 2026 the signing of an agreement to acquire Polish producer STW through its subsidiary Tasomix, a transaction subject to approval by the Polish competition authority.

A second joint venture to be finalized

The transaction completed on October 2, 2026 concerns the main joint venture, covering the operations of KPS and Tasomix. A second distinct joint venture is part of the overall agreement.

This involves sales activities and specific contracts and is expected to be finalized in the coming months. ForFarmers Polska and KPS Food Group will be discussed in greater detail at the Capital Market Day scheduled for November 24, 2026.



Sector Agroalimentaire et boissons › Agriculture, semences et intrants agricoles


Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext

Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 1 577 millions d'euros
  • Quarterly revenue: 1 577 millions d'euros
  • EBITDA: 80,8 millions d'euros
  • EBITDA margin: 25,9 %
  • Net income: 26,3 millions d'euros
  • Free cash flow: 44,9 millions d'euros
  • 22,4 millions d'euros
Risks mentioned
  • Le résultat net d'exploitation dépend de la finalisation prévue à l'automne de la transaction avec KPS, non encore effective
  • Les volumes en comparable (like-for-like) sont restés stables, sans croissance organique réelle
  • Le flux de trésorerie opérationnel a diminué à 44,9 M€ contre 63,8 M€ au S1 2025
Opportunities identified
  • Approbation de l'autorité polonaise de la concurrence pour la joint-venture avec KPS Food Group en Pologne
  • Renforcement de la position sur le marché avicole polonais en forte croissance
  • Fortes performances aux Pays-Bas, en Allemagne et en Pologne stimulant la marge brute

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

Advertisement
Every morning
Technical market signals,
before the opening bell.
CAC 40 · SBF 120 · Signals · Analysts
🤖
Today's edition — pre-market
CAC 40
7 702
-0,87%
SBF 120
5 827
-0,87%
📈 Bullish signals
+5,2%
+1,8%
+0,9%
📉 Bearish signals
-14%
-5,7%
🔄 Analyst opinions
▲ 35 €
▼ 80 €
Sign up to see everything →
Before 9 AM every morning
Euronext data
AI-powered analysis





BOURSE · Chaque matin
La synthèse bourse,
avant l'ouverture.
Notre moteur analyse chaque nuit le CAC 40 et le SBF 120. Ce qui mérite attention remonte directement dans votre boîte mail. Gratuit.
✓ Avant 9h00 ✓ 1000+ inscrits ✓ 100% gratuit
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours sur les valeurs Euronext, chaque matin avant 9h.
tendance · 6 séances
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours