New owner of HortiMaX plans to reorganize and invest

HortiMaX—an international horticulture supplier based in The Netherlands—will be reorganized by its new owners, according to a company press release.

The Ridder Group recently announced today it intends to reorganize the HortiMaX Group, which it acquired in October 2011. This will result in fifteen job cuts and the closure or sale of two of its offices abroad.

According to Ridder’s Board of Management, these measures are necessary to pull the HortiMaX Group through the current slump in the market. Ridder also plans to invest in internationalization, innovation and systems integration.

The reorganization of HortiMaX will mean the departure of 11 employees in the Netherlands and four in Belgium. The reason for the reorganization, according the official statement from the company, is the mediocre prospects for glasshouse horticulture in the Netherlands and Belgium, which are two key areas in which HortiMaX operates as supplier to the commercial horticultural sector.

“Our co-operation with Ridder is now focused on enhancing our international position,” said Albert ‘t Hart, managing director of HortiMaX. “It compels us to invest not only in product development and systems integration, but also in dealer support and after sales support.”

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