GWK and VKB.
GWK is an innovative and resilient pioneer in the agriculture and food value chain, committed to shaping a sustainable business, driving growth and providing a better future for all stakeholders.
VKB is a modern, dynamic agricultural enterprise that has, since its establishment in 1919, continuously focused on accomplishing solutions for the changing and diverse needs of agricultural producers and related stakeholders.
Both GWK and VKB are recognised to be 100% producer-controlled through their share capital structures which facilitate and/or emphasise an incentive to bona fide commercial agricultural producers who conduct business with GWK and VKB to annually share in profits.
GWK and VKB wished to combine their respective businesses. The aim was to create a larger agricultural business with the potential for unlocking various synergies, while safeguarding the interests of both groups and preserving the producer ownership structure as well as the capital structures of both groups.
Pallidus advised VKB and GWK in structuring a merger transaction between the parties and creating an influential agricultural business with immense potential and the ability to unlock various synergies throughout the combined group. The structure implemented also successfully allows for the preservation and protection of both parties’ capital structures and for the combined group to remain 100% producer controlled.
