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New ownership structure
The Brazilian company Amaggi has entered an agreement to buy Agrencos 40% stake in Denofa and in addition 11% from Norgrain, leaving Amaggi with 51% of the shares in Denofa. Norgrain continues their ownership in Denofa and will now have 49% of the shares.
In Amaggi Denofa will get a strong owner with a solid position in Brazil and dedicated export markets. Amaggi has a big production of soyabeans on their own farms and they are a large industrial player with three extraction plants in Brazil. Amaggi has been an important supplier for Denofa for many years.
 
Adm. Dir. Øystein Haslum and the rest of management team continue in Denofa, and believe Amaggi as the majority owner of Denofa is very positive. This will strengthen Denofa’s ability to serve present markets and additionally be a good foundation for developing the company further.
Denofa AS - Øraveien 2 - N-1630 Gamle Fredrikstad - Norway
Phone: +47 69395000 - Fax: +47 69395006 - Email: denofa@denofa.no