Operating steadily for the past 30 years, Nova Consumer has built a solid foundation from agriculture to continuously develop and continuously expand many new product lines. This enterprise is also promoting M&A activities with the expectation of strong growth in the coming time.
Over the past 30 years, tens of thousands of prestigious domestic and foreign partners have joined NovaGroup in contributing to the development of the local economy, improving the life - economy - society for people in the area. In the picture: Anova Farm of Nova Consumer
30 YEARS, FROM THE BEGINNING
As one of the 8 corporations in the ecosystem of NovaGroup, Nova Consumer marks its 30th anniversary as one of the leading units in the agricultural sector, providing closed, comprehensive and optimal solutions for livestock farmers including breeds, farms, animal feed, veterinary medicine, vaccines and high-tech livestock solutions. Nova Consumer has become a trusted and reputable partner of more than 1,000 distributors and more than 80,000 professional points of sale in the market.
“Nova Consumer has always been one of Cuong Loc Phat's major partners. I hope to continue to be associated with and extend this relationship to expand the scale of operations, bring quality products to the market and together with NovaGroup actively contribute to the development of the community and society", Mr. Quan Chi Cuong, Director of Cuong Loc Phat Company Limited shared.
Cuong Loc Phat has accompanied NovaGroup and Nova Consumer since 1994 when it was still a small veterinary pharmacy. Up to now, Cuong Loc Phat has "grown" to become one of the prestigious enterprises in the field of veterinary medicine, vaccines, aquatic medicine and veterinary equipment; trusted and chosen by many livestock farmers in Dong Nai and many provinces across the country.
Operating persistently in the agricultural sector for the past 30 years has helped Nova Consumer have a solid foundation from agriculture to develop and expand new product lines. Photo: Anova Feed Factory
From Korea, Mr. Moon Seongcheol, General Director of Komipharm International Co., Ltd. also expressed his joy about the sustainable relationship with NovaGroup and Nova Consumer since 1992. “We are proud to be a long-term partner of NovaGroup, a leading investment and economic development group in Vietnam, which is celebrating its 30th anniversary,” said Mr. Moon Seongcheol.
Since cooperating with Thanh Nhon Trading Co., Ltd. - the predecessor of NovaGroup Corporation, Komipharm International has had many opportunities to contribute to the development of Vietnam's livestock industry through the continuous and stable supply of a variety of vaccines to the market, with international quality standards.
Komipharm International was established in 1972, and is one of the world's leading companies, specializing in the research and production of pharmaceuticals for humans and veterinary drugs - vaccines with the goal of improving the quality of life for both humans and animals.
INCREASING EXPORTS, CONTINUING M&A, JOINING FORCES TO DEVELOP
2022 marks an important milestone for Nova Consumer's positive growth with the 3F model, expanding product lines, and increasing exports.
Products such as Te Te rice cakes and Xuxifarm sausages of Nova Consumer will be promoted for export to many large markets, while continuing to M&A with reputable businesses in the market to diversify product lines.
At the end of the second quarter of this year, the completion of the M&A deal to own Anco Family Food helped Nova Consumer complete the 3F chain (Feed - animal feed, Farm - farm, Food - food) to produce high-quality, safe food for consumers. This strategy helps Nova Consumer close the production chain to be self-sufficient from input to output, ensuring the supply of products with consistent quality and easy traceability.
This is also one of Nova Consumer's development strategies with the goal of accelerating market capture, creating a solid foundation in the revenue structure in the short and long term.
Mr. Nguyen Hieu Liem, Chairman of the Board of Directors of Nova Consumer, said that the company will continue to negotiate and promote M&A activities with potential businesses to complete the consumer product portfolio, and join forces for development. It is expected that this year, Nova Consumer will complete M&A with a number of reputable beverage and nutrition businesses in the market.
Nova Consumer also promotes export activities. Taking advantage of the Free Trade Agreements that Vietnam has signed, over the past 30 years, with the agricultural sector, Nova Consumer brands have exported to 27 countries, including demanding markets such as the Netherlands, the United Arab Emirates, Korea... Although Nova Consumer's consumer goods group has just been launched, it is present in a number of markets such as the US, China, Japan, Taiwan... and soon the EU.
In 2022, Nova Consumer will officially become a public company with a successful IPO in the first quarter and is planning to list on the HOSE with the stock code NCG. This enterprise has won many awards such as Top 50 leading brands in Vietnam 2022 for Xuxifarm sausage products, Fast growing enterprise 2021 of APEA, Golden Brand of Ho Chi Minh City 2021. Anova Feed has been recognized as a National Brand - Vietnam Value for many consecutive years...
Please see more at: https://vneconomy.vn/nova-consumer-tang-truong-nhanh-tren-nen-tang-30-nam-cua-novagroup.htm