JOZ

Year of investment: 2019

Food & Agri

Majority investment

Private Equity

Active

Middenmeer, the Netherlands

Fullwood JOZ develops automation solutions for dairy farms, including milking robots, manure robots and feed-pushing systems. The company helps dairy farmers improve productivity, reduce labour requirements and enhance animal welfare through technology designed around the realities of modern farm operations. With its strong roots in the agricultural sector, Fullwood JOZ combines innovation with a deep understanding of farmers' day-to-day challenges.

A partnership built for impact

As an active shareholder, Rabo Private Equity has supported Fullwood JOZ through several key phases of growth and transformation. We initially backed the expansion of JOZ through the development of its product portfolio and international footprint, before supporting the acquisition and integration of Fullwood, which added milking technology to the company’s offering and created a more comprehensive provider of dairy farm automation solutions. Working closely alongside management during the post-acquisition integration, we helped drive operational improvements, margin enhancement and cash management. Today, Fullwood JOZ serves customers with a broader product portfolio, a stronger international presence and an enhanced ability to invest in innovation, supporting dairy farmers around the world in improving efficiency and sustainability.

“Since 2019, we have worked alongside the Fullwood JOZ team to support sustainable growth and long-term value creation. What makes this partnership particularly rewarding is the shared commitment to tackling challenges together. During more complex periods, close collaboration and a hands-on approach have helped us strengthen the business and create a solid foundation for future growth. To me, that is what active ownership is all about.”

— Bas Verlee, Executive Director at Rabo Investments