Pindustry sells Fullwood Milking to JOZ
June 16, 2022 - JOZ, the originator of modern barn cleaning, expands its product line of manure and feed scrapers with Fullwood Milking, a supplier of milking systems and robots for the agricultural sector. This makes JOZ a 'one stop shop' for the modern dairy farmer.
JOZ acquires Fullwood Milking from shareholder Pindustry. Fullwood Milking is a supplier of a fully integrated solution for high-quality milking systems, including milking robots and all related services. The organisation, with its headquarters and production site in the UK, operates in 80 countries with an extensive dealer and agent network. Fullwood's product range complements that of JOZ and together they can provide a more complete offering to the modern dairy farmer.
The market for high-tech technology for dairy farming has developed rapidly in recent years. In order to be able to keep up, JOZ and Fullwood have joined forces in R&D, so that together they can continue to work on high-quality technological solutions for the agricultural sector. Moreover, both organisations have an excellent dealer network that complements each other. JOZ is supported in its growth ambition by its shareholder Rabo Investments.
Arend Kuperus, CEO of JOZ is proud of the new step: "Both JOZ and Fullwood are organisations with decades of history in the agricultural sector. We have the same DNA. By bringing together the innovation and automation power, we are ready for the future." Roel Nizet, on behalf of Fullwood shareholder Pindustry, agrees: "With this step, Fullwood and its employees enter a steady, new phase under the wings of JOZ. By joining forces, we will soon have a strong, high-tech dairy company with a complete product range." Jorn van der Poel, Investment Director at Rabo Investments: "The acquisition of Fullwood Milking is a great step for JOZ. Fullwood is a strong brand with a long history. We are very proud to be able to further accelerate innovation in the sector together."
The Fullwood offices will remain located in the UK, the Netherlands and Belgium. The organisation will continue with its current services and the dealer network will also be maintained. All employees will go with it. Both trade unions and employees have been informed about the takeover.