Golden Agri-Resource, Verborg Forge Strategic Partnership

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(Golden Agri-Resources, 25.Jan.2024) — Golden Agri-Resources (GAR), a global agribusiness and palm oil producer, is pleased to announce a strategic partnership with Verborg Group, a new entrant in the vegetable oil market. The collaboration entails a multi-year contract, where GAR will be the exclusive supplier of over a million tons of tropical oils to Verborg Group.

Verborg Group, an entrepreneurial family business managed by professionals with over thirty years of experience in the oil and fat industry, has recently inaugurated a state-of-the-art vegetable oil refinery in the Netherlands. The refinery is scheduled to commence operations in late Jan. 2024. Under this agreement, GAR will supply three main inputs – Crude Palm Oil (CPO), Crude Palm Kernel Oil (CPKO), and Coconut Oil.

GAR and Verborg Team explore Verborg’s vegetable oil refinery in Farmsum, The Netherlands, marking the start of a strategic partnership and sealing a multi-year exclusive supply (PRNewsfoto/Golden Agri-Resources)

This collaboration aligns with GAR’s European business strategy to build long-term relationships and a reliable supply of high-quality responsible sourced tropical oils in the face of evolving regulations to its customers and partners in Europe.

Maarten van der Hoeven, Head of Europe & Latin America at GAR said: “The Verborg partnership is a validation of our commitment to building a solid supply chain in Europe for the last few years. Our top-notch distribution, logistic support, and adaptability ensures we can effectively meet long-term customer needs, whether its quality, value added services or supply chain solutions. We are very excited to partner with Verborg to support them bringing high-quality refined oil to their customers across Europe.”

Goedhart Borgesius, Director at Verborg Group said: “We are very excited to embark our journey with Golden Agri-Resources. Leveraging GAR’s integrated supply chain and sustainability leadership within the palm oil sector will strengthen our capabilities, knowledge and product offering in providing sustainable and high-quality vegetable oils products and services for our European customers. We look forward to working together with GAR on sustainable product solutions for our customers and future generations to come.”

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MAIN PHOTO CAPTION: State of the art vegetable refinery in Farmsum, The Netherlands set to commence operations in late Jan. 2024. Source: Golden Agri-Resources

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