Members vote unanimously for the merger of the Raiffeisen cooperatives

Members vote unanimously for the merger of the Raiffeisen cooperatives

The Raiffeisenbank Ems-Vechte eG and the Raiffeisen goods Ringe-Wielen-Georgsdorf eG have taken an important step in the agricultural industry. At an extraordinary general assembly in Wilsum, 421 members unanimously voted for the merger of both cooperatives. This decision follows the positive coordination of the members of the Raiffeisen-Waren Ringe-Wielen-Georgsdorf eG and marks a historic moment, which Board of Directors Holger Terhalle described as "extraordinary proof of trust". The merger is to avoid double structures and promote synergies in the region, which is of great importance in times of structural change in agriculture, such as ems-vechte-surfer.de reported.

common future in the agricultural area

Both cooperatives that entertain close business relationships and operate several markets rely on an optimized corporate structure with the merger. "But it is clear that the last word has the members of the cooperatives," said the management. In view of a turnover of around 60 million euros in the 2023 financial year and the commitment of around 100 employees, the merger is an opportunity to increase operational efficiency. In addition, an agricultural competence center is to be set up in the Lower County through the bundling of know-how in order to continue to offer the members and customers high-quality advice, such as ems-vechte.de supplemented.

The merger will make both cooperatives better overcome the challenges of the shortage of skilled workers and structural change in the agricultural sector. Members can look forward to a common range of services that increases the previous supply security and opens up additional development perspectives for employees. With a strategic focus on process optimization, both members and employees will benefit from numerous advantages.