Maviga announces conversion into a public limited company and a new Chairman of the Board
Maviga International (Holdings) Ltd., (Maviga), a leading player in the ‘special crops’ sector, has registered as a public limited company, as of 22nd December 2014. The company has been renamed ‘Maviga PLC’.
The change follows a strong year for Maviga which saw a total operating profit of $5.92m and an increase of 12.5% in net assets for the twelve months ending 31st May 2014.
In 2014 the company was also awarded with its third Queen’s Award for Enterprise in International Trade in recognition for its ‘outstanding commercial success’ over the preceding 3 years.
Kees Kempenaar has been appointed to the position of Non-Executive Chairman of Maviga’s Board. He was previously a Non-Executive Director and has been on the Board since 2013.
Kees has over 35 years of industry experience and will continue to help steer and deliver Maviga’s growth strategy. He previously worked with Cargill in a number of locations around the world in financial, commercial and control roles. Following his departure from Cargill in 2009, Kees was the CFO of the rapidly expanding RCMA Group, headquartered in Singapore.
Marcus Coles, Maviga’s CEO said: “Converting Maviga into a public limited company gives the business the right structure for its future growth and development”.
Kees Kempenaar, Maviga’s new Non-Executive Chairman said: “These are exciting times for Maviga and I look forward to playing a greater role in shaping its future.”