Development of harvesting equipment
Oxbo (former Ploeger Oxbo Group) is a leading manufacturer of specialized agricultural machinery, mainly harvesting equipment. Dutch company Ploeger was established in 1959 with the development of the first bean-picking machine. Since merging with US company Oxbo in 2011 the combined group is the world’s largest manufacturer of machines for harvesting around 20 crops, including peas, green beans, seed corn and sweetcorn, blueberries and spinach. Oxbo is a global supplier of the food-processing industry, seed producers, and agricultural companies and contractors.
Bolster became a shareholder in order to provide Ploeger with additional equity to acquire the larger American company Oxbo in 2011, with which it had collaborated for over 20 years. The increase in scale and the combination of knowledge and expertise will make the company even more able to introduce new machines in the coming years, with an increasing focus on emerging markets.Involved from Bolster: Michiel van Wissen Yassin Nasri