Fenaco is an agricultural cooperative federation in Switzerland, headquartered in Bern. Fenaco is an acronym of its French name fédération nationale des coopératives agricoles. Members of the federation are 186 agricultural cooperatives trading under the name Landi as well as some others. This makes Fenaco indirectly owned by the around 43,000 members of the Landi cooperatives, 22,000 of them being active farmers.

Fenaco
TypeCooperative Federation
IndustryAgricultural products, farming supplies, retail
Founded1993 (1993)
Headquarters,
Area served
Switzerland
Key people
  • Martin Keller, CEO
  • Pierre-André Geiser (President of the Board of Directors)
Revenue6.7 billion Swiss francs (2018)
Members186 cooperatives
Number of employees
10179 (2018)
Websitefenaco.com

ActivityEdit

Fenaco is active in providing products and services to farmers as well as in processing and marketing farmers' products in its retail chains. According to a 2005 article in the Neue Zürcher Zeitung, Fenaco has a "dominant role in many agricultural sectors".[1] In 2009, it was placed on position 172 of the Deloitte list of the world's largest 250 producers of consumer goods, although it operates only in Switzerland.[2]

Enterprises or labels of Fenaco are the beverage company Ramseier Suisse, meat producer Ernst Sutter AG, the retailers Volg (small supermarkets) and Landi, fertiliser retailer Landor, animal feed producer UFA AG, and mineral oil company Agrola. As these names are better known to the general public than Fenaco who owns them, it has also been called "the silent giant".[3] Altogether, Fenaco owns 80 subsidiary companies.[4] Swiss trade union Syna has a "social partnership" (a term for a cooperative relationship between trade unions and employer's associations) with Fenaco.[4]

Fenaco has over 10,000 employees and in 2018 had a sales revenue of 6.7 billion Swiss francs.[5]

HistoryEdit

Fenaco was founded in 1993 as a merger of six existing agricultural cooperative federations with roots in the late 19th century.[6]

ReferencesEdit

  1. ^ "Der (un)heimliche Agrar-Riese Fenaco im Visier". Neue Zürcher Zeitung (in German). 13 March 2005. Retrieved 15 April 2020. Die Genossenschaft Fenaco hat im letzten Jahr einen nicht konsolidierten Umsatz von über 6 Mrd. Fr. erzielt und nimmt in vielen Agrarbereichen eine beherrschende Rolle ein.
  2. ^ Christoph Stricker (26 May 2010). "Hinter Fenaco steckt geballte Marktmacht". Neue Zürcher Zeitung (in German). Retrieved 15 April 2020.
  3. ^ Mischa Stünzi (15 May 2019). "Der stille Riese Fenaco will Bauernhöfe digitalisieren". Basler Zeitung (in German). Retrieved 15 April 2020.
  4. ^ a b "Fenaco – der unbekannte Riese" (in German). Syna. 18 April 2019. Retrieved 15 April 2020.
  5. ^ "Facts and figures". Fenaco. Retrieved 11 April 2020.
  6. ^ "About fenaco". Fenaco. Retrieved April 11, 2020.

External linksEdit