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    ACOMO   NL0000313286

AMSTERDAM COMMODITIES N.V.

(ACOMO)
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Amsterdam Commodities N : Acomo appoints Victoria Vandeputte from Belgium as new Non-Executive Director

08/05/2021 | 02:26am EST

PRESS RELEASE

Acomo appoints Victoria Vandeputte from Belgium as new Non- Executive Director

ROTTERDAM (NL) 05 AUGUST 2021

Acomo (Amsterdam Commodities N.V.), the Euronext Amsterdam-listed natural food ingredients company specialising in spices and nuts, edible seeds, tea, food ingredients and organic ingredients, will appoint Victoria Vandeputte (50, photo) as Non- Executive Director.

The appointment fits the planned expansion of the Acomo Board, which has been speeded up since the size of the group has significantly grown following the acquisition of Tradin Organic at the end of 2020.

Belgian-born Victoria Vandeputte has a long track record of management positions in the food industry; she is familiar with the supply chains and is accustomed to doing business globally. She speaks four languages fluently (NL, EN, DE, FR - ed.). In her current position as Chief Innovation & Marketing Officer of Martin Braun Frozen Division, she is also a member of the Executive Management team of Diversi Foods NV as well as an independent Board member of the Euronext Brussels-listed investment management company Ackermans & van Haaren (AvH). From 2007 to 2017 she occupied a variety of senior category and marketing management positions at CSM Bakery Solutions (formerly CSM Bakery Supplies - ed.), having responsibility for a broad range of products and ingredients. Before her time at CSM, she also worked at ICI and Daikin.

The shareholders will be asked to approve her appointment at an Extraordinary General Meeting on 15 September 2021. Approval of the appointment of Kathy L. Fortmann as new group CEO is also on the agenda.

"Victoria will be a valuable addition to the current composition of the Board," says Non-Executive Chairman of the Board Bernard Stuivinga. "Especially with her wealth of experience in the food ingredients supply chain in the domain of business marketing, innovation and production. Her profile is ideally suited to the transition that we as a group are making from a strong focus on trading activities to an additional growing portfolio of natural food ingredients. Against that background, our subsidiaries are increasingly adding customer-specific value to the products we deal in. For instance in the field of food safety, such as special heat treatments to prevent cross-contamination in spices, dried herbs and vegetables, edible seeds, and pulses. Or in tea blending, the roasting and packaging of sunflower seeds and new food ingredient products based on sunflower seeds such as our products Sunbutter® and Suntein™.

The Acomo Board currently comprises the following members: Bernard Stuivinga (Non-Executive Chairman), Machtelt Groothuis (Non-Executive director), Yoav Gottesman (Non-Executive director), Jan Niessen (Non-Executive director) and Allard Goldschmeding (Executive Director).

[end of press release]

PRESS RELEASE

ROTTERDAM, 05 AUGUST 2021

Photo caption:

Acomo (Amsterdam Commodities N.V.), the Euronext Amsterdam-listed natural food ingredients company in spices and nuts, edible seeds, tea, food ingredients and organic ingredients, will appoint Victoria Vandeputte (50, photo) as Non-Executive Director.

This press release in the English language has also been translated into the Dutch language. In case of any differences between the two versions, the English version will prevail.

Note to the editors

The picture of Victoria Vandeputte can be downloaded hereand be used free of rights.

For further information, please contact:

Acomo (Amsterdam Commodities N.V.)

Creative Venue PR

Mr A.W. Goldschmeding

Mr F.J.M. Witte, spokesperson

WTC, Beursplein 37

Sophialaan 43

3011 AA Rotterdam

1075 BM Amsterdam

The Netherlands

The Netherlands

investorrelations@acomo.nl

f.witte@creativevenue.nl

Tel. +31 10 4051195

Tel. +31 20 4525225

www.acomo.nl

www.creativevenue.nl

About Acomo

Acomo (Amsterdam Commodities N.V.) is an international group with as its principal business the sourcing, trading, processing, packaging and distribution of conventional and organic natural food products and ingredients. Our main trading subsidiaries are Catz International B.V. in Rotterdam, the Netherlands (spices and food raw materials), Royal Van Rees Group B.V. in Rotterdam, the Netherlands (tea), Red River Commodities Inc. in Fargo, USA, Red River Global Ingredients Ltd. in Winkler, Canada, Red River- van Eck B.V. in Etten-Leur, the Netherlands, Food Ingredients Service Center Europe B.V. in Etten-Leur, the Netherlands, and SIGCO Warenhandelsgesellschaft mbH in Hamburg, Germany (edible seeds), King Nuts B.V. in Bodegraven, Delinuts B.V. in Ede, and Tovano B.V. in Maasdijk, the Netherlands (nuts), Snick EuroIngredients N.V. in Ruddervoorde, Belgium (food ingredients), and The Organic Corporation B.V. in Amsterdam, the Netherlands, and Tradin Organics USA LLC in Scotts Valley, USA (organic ingredients). Acomo shares have been traded on Euronext Amsterdam since 1908.

PRESS RELEASE

ROTTERDAM, 05 AUGUST 2021

Disclaimer

ACOMO - Amsterdam Commodities NV published this content on 05 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 August 2021 06:25:06 UTC.


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Sales 2021 1 129 M 1 278 M 1 278 M
Net income 2021 - - -
Net Debt 2021 272 M 308 M 308 M
P/E ratio 2021 17,8x
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Capitalization 799 M 906 M 905 M
EV / Sales 2021 0,95x
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Nbr of Employees 1 200
Free-Float -
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Amsterdam Commodities N.V. Technical Analysis Chart | ACOMO | NL0000313286 | MarketScreener
Technical analysis trends AMSTERDAM COMMODITIES N.V.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 1
Last Close Price 27,00 €
Average target price 25,58 €
Spread / Average Target -5,26%
EPS Revisions
Managers and Directors
Kathy L. Fortmann Chief Executive Officer & Executive Director
Allard Goldschmeding Group MD, CFO & Executive Director
Bernard H. Stuivinga Non-Executive Chairman
Yoav Gottesmann Independent Non-Executive Director
Machtelt Groothuis Independent Non-Executive Director
Sector and Competitors