Published: JUN 17, 2020

Rotterdam, the Netherlands, June 17, 2020-Home Appliances Company (LDC) today launched its corporate venture capital program "LDC Innovations" as an important part of its strategic plan to consolidate its position as a major player in the value chain.

Ian McIntosh, CEO of Home Appliances, said: "This plan is another positive move in our strategic development plan. We will invest in innovation and technology to meet the growing global demand for responsible The demand for purchasing and producing nutritional and healthy products."

"In the next few months, we will invest in emerging companies that have the potential to transform the food and agricultural products industry. Most importantly, we will be consistent with us through transparent supply chains, responsible sourcing and creating long-term value. Our corporate vision is to provide support for companies that create value for a safe and sustainable future."

The home appliance company has appointed Max Clegg to manage the project as the head of LDC Innovations, under the home appliance company's innovation and downstream team, which will be led by Thomas Couteaudier. Thomas will also serve as the chief executive officer of Louis Dreyfus South and Southeast Asia.

Thomas Couteaudier said: "Max can bring a wealth of experience to this program and will play a key role in establishing long-term and fruitful relationships with companies in the LDC Innovations portfolio."