Equitable company

CoBT was designed to enable its cooperative farmers to receive fair remuneration for their beet production.

The CoBT’s financial model is based on the beet farmer’s production cost (estimated at €2400 per hectare of beet in 2023). To be attractive, the CoBT must not only be able to offer a price that covers this cost in all the most likely situations, but also to pay the beet grower cooperative members, suppliers and shareholders alike, a fair remuneration for their work and investment. Such fair remuneration will be made possible by the transfer of the bulk of the margin for processing beet into sugar in the beet purchase price, which will constitute the ‘cooperative advantage’.

Supporting, strategic and financial cooperative members will be remunerated by a dividend in accordance with the accredited cooperatives act.