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BayWa
Based in Munich, BayWa Aktiengesellschaft is a German company which operates in the agriculture, building materials and energy sectors. It provides trading, strategic and other miscellaneous services in these sectors. The BayWa (Bayerische Warenvermittlung) Group is spread across 14 countries. In Germany and Austria, it operates in all the three core segments of its business and also as a franchisee. The Agriculture segment is further spread via local small scale companies in Belgium, France, Czech Republic, Slovenia, Croatia, Poland, Slovakia, Hungary and Serbia. With respect to its Renewable Energy Resources business, France and Spain are of vital importance. BayWa R.E (Renewable Energy) GmbH operates in these countries through its subsidiaries Renerco Renewable Energy Concepts AG and MHH Solartechnik GmbH. As part of its expansion plan, BayWa is broadening its DIY, garden centres and building materials franchises in Italy and Bosnia and Herzegovina. ==Corporate history== BayWa AG was founded in 1923. It has its head office in Munich, Germany. Agricultural products, building and construction-related products and the energy industry are its prime operational areas where it operates in both the retail and wholesale segments. It has a turnover of approximately €8 billion and about 2,700 sales locations. The major portion of the group’s profits comes from its Agriculture division. It does business of agricultural resources and then supplies the agro products from the field to the food processing industry. BayWa is one of the largest companies in this field and some of its products are exported worldwide. Its Agricultural Equipment business unit is involved with the sale and service of machinery. In the building materials industry ranking in Germany, BayWa stands second.
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