Company highlights Company highlights Organisation Nedspice group is a privately owned group of companies with head office in the Netherlands, processing factories in India, Vietnam and the Netherlands and distribution facilities in the Netherlands, United Kingdom and the USA. Its core business is in the sterilisation, grinding and distribution of single spices and sourcing and processing of dehydrated ingredients. We source, process and deliver semi-finished single spices and dehydrated ingredients in a cost efficient, consistent and trustworthy way. Annually Nedspice delivers approx. 16,000 tons of spices and dehydrated ingredients to a range of global customers. Turnover during 2014 was in excess of $100 million of which 55% was realized in Europe, 20% in Northern America, 5% in South Africa and 20% in the Asia/Pacific region. Globally Nedspice employs 330 employees. Group Structure Participation of Management and Core Employees in the well-being and future of the company stands at the core of our business philosophy and company culture. Nedspice is organised along two main lines of businesses, Sales & Distribution and Ingredients Processing. Nedspice Holding BV Sales & Distribution 2 Ingredients Processing Nedspice Sourcing BV Nedspice US Inc Nedspice Dehydrated Ingredients BV Nedspice Processing Vietnam Ltd Nedspice Processing India Pvt Ltd Rotterdam the Netherlands Myrtle Beach USA Rotterdam the Netherlands Binh Duong province Vietnam Cochin India Company highlights Product grades The processing facilities in Vietnam, India and the Netherlands are capable of turning out a wide variety of different grades of whole, ground, cracked, sliced and kibbled products to customer specification. On an average Nedspice supplies well over 150 different grades and types. To ensure that our finished products are free of foreign material all products processed by Nedspice are cleaned and graded by using various types of cleaning equipment such as de-stoners, aspirators, spirals, magnets, sieves. In addition our plants are equipped with Ventilex and Revtech built steam sterilization equipment with an aggregate capacity of up to 5 tons per hour. This is complemented by a number of different types of mills, including cryogenic, blending and metal detection equipment, which all together facilitates a combined processing capacity of around 24,000 tons of homogenized finished products. Typical grades that can be produced are: 150 to 600 micron (60-34 mesh), Fine grind: Coarse ground: 600 to 1000 micron (30-18 mesh), Cracked: 1000 to 1700 micron (16-12 mesh), half berries. Packaging types Nedspice can supply any size of packaging. Typically a product is packed in 25 kg bags, 625 kg bulk bags or 50 lbs carton boxes. Especially for preventing loss of volatile oil during transport and storage a new type of bag was developed. Bags: 15-50 kg, paper or plastic bags, with or without inner liner, micro perforated, anti-slip, etc. Bulk bags: 95 x 95 x 125 cm poly bags holding up to 625 kg Pallets: wooden or plastic black pallets, 100 x 120 cm Container: stuffing can be done loose or palletised, with or without cover sheets Revenues (in million US $) 120 100 80 60 40 20 0 2006 2007 Annual Turnover 2008 2009 2010 2011 2012 2013 3 Company highlights Volumes (breakdown by product) Spices 49.0% Black Pepper 20.7% White Pepper 6.0% Dehydrated Vegetables 6.7% Nutmeg & Mace 5.8% Ginger 5.0% Turmeric 1.5% Cassia 1.3% Coriander 1.3% All Spice 2.7% Other Volume (metric tons) 15000 12000 9000 6000 3000 0 4 Dehydrated Ingredients 31.3% Onion 18.8% Mixed Dehydrates 13.8% Other Dehydrated Vegetables 8.8% Garlic 7.5% Red and Green Pepper 6.3% Herbs 4.4% Tomato 3.8% Carrots 3.1% Potatoes 2.5% Leek Company highlights Processing Capacity (tons) 25000 20000 15000 10000 5000 0 2008 2009 Vietnam India 2010 2011 2012 2013 2014 The Netherlands Supply chain advantages Nedspice has its process management and warehouse capacity in place to guarantee on time deliveries and flexibility in call off schedules. Our supply chain advantages assure less intermediary costs for handling, processing and storage. Traditional supply chain Farmer Nedspice supply chain Farmer Collector Exporter Broker Nedspice Importer Broker Grinder / sterilizer Industrial customer Industrial customer 5 Company highlights Services of Nedspice Specialties • Just-in-time delivery • Black pepper special grades • Vendor managed inventory • White pepper skatol free • Call off contracts • Nutmeg aflatoxine compliant • Mixed containers • Weekly price lists • Monthly market updates 6 Company highlights Nedspice-Farmers Partnership Programme Nedspice believes that backward integration and sustainability are the main challenges for the food industry in the years ahead. In the spice sector many, often aging, smallholder farmers move to high intensive crops. Not only does this affect the scarcity of spices, it also has negative effects on the environment. To ensure that spice farming remains financially attractive and offers a sustainable livelihood for farmers Nedspice has the ambition to develop backward integration programmes for farmers in Vietnam and India and other countries we work in. This ambition is laid down in the Nedspice-Farmers Partnership Programme which defines the approach, key principles as well as the expected results. Current projects include sustainable cumin and turmeric farming in India and sustainable pepper farming in Vietnam, for which we obtained certification. 7 Contact Nedspice Sourcing BV Weena 260 3012 NJ Rotterdam the Netherlands T +31 10 2 8 01 380 F +31 10 4 1 47 550 spices@nedspice.com www.nedspice.com Nedspice Dehydrated Ingredients BV Nedspice US Inc Buiten de Veerpoort 5 2411 North Oak St, Suite 105-F 2871 CC Schoonhoven Myrtle Beach, SC 29577 the Netherlands USA T +31 182 38 26 65 T +1 843 4 43 4007 F +31 182 38 35 80 M +1 201 602 9301 dehydrates@nedspice.com toverby@nedspice.com www.nedspice.com www.nedspice.com Nedspice Processing Vietnam Ltd Nedspice Processing India Pvt Ltd Hoa Lan Hamlet, Thuan Giao Commune #12/597-8 Jawahar Road Thuan An District, Binh Duong Province Koovappadam Socialist Republic of Vietnam Cochin - 682 002 India T +84 650 37 18 005 F +84 650 37 47 996 T +91 484 2 2 23 286 order@nedspice.com F +91 484 2 2 23 287 www.nedspice.com orderindia@nedspice.com www.nedspice.com
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