In line with its strategic course, Agrifirm will be transferring Agrifirm Hungary’s operations to UBM Group, which specializes in compound feed production, and the supply of high-quality feed ingredients in the country. The transaction is expected to be completed in August, 2025.
Agrifirm and UBM Group have agreed that Agrifirm Hungary will become part of UBM Group, marking an important step in the further consolidation of the agricultural sector in Hungary. UBM Group is an agricultural group specializing in crop trading, compound feed production, and the supply of high-quality feed ingredients in Hungary. The transaction is expected to be completed in August, 2025.
Piet Hilarides, CEO of Royal Agrifirm Group, remarked: “Thanks to the many years of dedication and commitment of our employees Agrifirm Hungary has grown into a financially healthy and solid company. The sale of our subsidiary is in line with our strategic course, in which we focus on markets where we have a strong position and can achieve further growth. We are convinced that our Hungarian activities can perform even better with a strong partner such as UBM. We thank our members, customers, partners, and employees for their loyalty and trust, and we are committed to a careful and smooth transition.”
