Plant grower and decoration partner for flowers & plants Bunnik Group in Bleiswijk will wind down all business activities in the coming months. Management and shareholders took this decision to avoid bankruptcy. From now on, the company will end all its activities in a controlled manner, in close cooperation with suppliers and customers. Employees, customers, suppliers, and partners were informed today about this far-reaching decision.
Bunnik Group has faced disappointing sales results for years since the post-COVID period. Since then, margins on plants have been under severe pressure due to a combination of reduced demand and oversupply in the market. In addition to lower demand, Bunnik also deals with sharply increased costs for energy, sea transport, and higher import tariffs. Initiatives to cut costs and increase market share with distinctive plant varieties have not been sufficiently successful. All non-critical business activities have been divested, creating more control over the cost structure. Nevertheless, the financial capacity is insufficient to continue the company into 2026.
Management and shareholders have now decided to a controlled wind-down of the company to avoid bankruptcy. Bunnik has traditionally been a family business. Shareholder and management board member Dennis Bunnik: “This fantastic company was built by three generations of the Bunnik family. The fact that it was able to grow so large is due to the trust of our employees, suppliers, and customers. In recent weeks, we found ourselves at a crossroad and chose not to betray that trust. We will therefore close the company ourselves in a controlled wind-down.” The banks of the Bunnik Group are closely involved in the wind-down plan drawn up.
