CORBION overview

Corbion announces the appointment of Masha Vis-Mertens as Chief Human Resources Officer and member of the Executive Committee as of 1 May 2024. Masha Vis-Mertens, a Dutch national, joins Corbion from Switzerland where she was most recently Chief Human Resources Officer of Barry Callebaut, a global Cocoa and Chocolate Manufacturer. Over her career, she has lived in various regions and countries and has been a successful leader in HR, Commercial and Supply Chain roles. In her previous positions...

Corbion has published its agenda for the upcoming Annual General Meeting of Shareholders (AGM) to be held on 15 May 2024 . The full AGM agenda together with explanatory notes is available on Corbion's website under Investor relations --> Shareholder information --> Shareholder meetings. Attachment Press release AGM_agenda_2024...

Corbion, a leading global ingredient solutions provider, and Kingswood Capital Management, LP (“Kingswood”), a middle-market private equity firm with significant experience in corporate carve-outs have completed the earlier announced sale of Corbion's emulsifiers business. Based in Los Angeles, Kingswood acquired the emulsifier business from Corbion for a cash purchase price of $362M, with expected net cash proceeds of approximately $275M, post tax and transaction costs. The transaction...

Corbion announced today that the Supervisory Board has nominated Peter Kazius to succeed Eddy van Rhede van der Kloot as CFO of Corbion. Upon his appointment at the annual general meeting of shareholders (AGM) on 15 May 2024, Peter Kazius and Olivier Rigaud, Chief Executive Officer (CEO), will form Corbion’s Board of Management. Eddy van Rhede van der Kloot has been CFO and member of Corbion’s Board of Management and Executive Committee since 2014. He will hand over his responsibilities...

Corbion, the Amsterdam-listed sustainable ingredients company that champions preservation through application of science, today publishes its results for the year ending 31 December 2023. Key highlights annual results 2023: Sales € 1,443.8 million; an organic increase of 1.2% Adjusted EBITDA € 191.8 million; an organic increase of 10.3% Operating profit € 117.2 million; an organic increase of 20.8% Organic growth core activities: Sales 3.0% & Adjusted EBITDA 16.2% Q4 2023: Sales € 352.8...

Transparency and action on the part of the global ingredient supplier continue to contribute to the mitigation of climate change, earning an A- score in the most recent assessment by the world's leading authority on environmental reporting. Corbion is continuing to play a leading role in advancing corporate sustainability, according to the most recent assessment by global environmental non-profit CDP. Following a review of data submitted by Corbion in response to CDP’s 2023 climate change,...

During its Capital Markets Update for analysts and investors in Amsterdam today, Corbion management will present a review of the ‘Advance 2025’ strategy development and introduce updated targets for the 2024-2025 period. Key highlights Key financial metrics for 2023 in line with guidance 1 Emulsifier business divested (closing anticipated in Q2) EBITDA growth rate outlook for ‘24/’25 reconfirmed Restructuring program in place to deliver significant Free Cash Flow in ‘24/’25 (> €...

Corbion and Kingswood Capital Management announce agreement in divestiture of emulsifiers business Corbion, a leading global ingredient solutions provider, and Kingswood Capital Management, LP (“Kingswood”), a middle-market private equity firm with significant experience in corporate carve-outs and investments related to food and beverage, have signed a binding agreement regarding the sale of Corbion's emulsifiers business. The sale, which is contingent upon the satisfaction of certain...