ForFarmers, through its subsidiary Tasomix, has signed an agreement to acquire 100% of the shares in Farmpasz Podlasie, a producer of cattle feed in northeastern Poland. The transaction is expected to close in February 2026. Behind the scenes, ForFarmers' share price is rising sharply.
The acquisition aligns with Tasomix's growth strategy – in which ForFarmers has held a 60% stake since 2018 – and is aimed at further strengthening its market position in the cattle sector. Tasomix has a long-standing partnership with Farmpasz, which will likely facilitate a smooth integration.
Farmpasz, founded in 2001, specializes in the production of cattle feed. The plant has an annual capacity of 80.000 tons and boasts a modern packaging line and a warehouse for bagged feed.
According to Paweł Świerkula, CEO of Tasomix, the factory's location aligns well with their growth plans. The site also offers opportunities for efficient expansion with an additional production line. The acquisition price was not disclosed. ForFarmers last acquired Piast in Poland in 2023 through its stake in Tasomix.
Price on the rise
It's striking that ForFarmers' share price has been rising sharply in recent weeks. Yesterday, it closed at €4,94 per share. This morning, just over an hour after opening, it was trading at €5,10, boosted by the announced acquisition. This brings the share price to its highest level since the summer of 2021.
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