Poland's Okechamp quits business in Holland

Poland's leading mushroom manufacturer Okechamp has withdrawn from the Netherlands by selling a 100 percent stake in its Dutch unit to FLM Foodingredients, Puls Biznesu said. In 2008, the company took over Holland's F&F. "Our aim was to build an integrated value chain. In Poland we have a mushroom farm, a composting plant and a processing plant. We wanted to recreate this model in the Netherlands. We were in talks with many producers, but haven't managed to take over any of them. We prefer to focus on expanding the value chain in Poland and this is where we will put the money from the transaction," said Leszek Ejsmont, CEO. The value of the deal was not revealed. In 2014, the group had PLN 400 million in revenues, half of which accounted for the Dutch unit.