Bunnik Group closes down

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 have decided this after failing to bring the company out of the red. From now on, the company will be wound down 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, under the business names Bunnik Plants and Bunnik Creations, is one of the largest suppliers of plants and decoration materials for flowers and plants in the Netherlands. The company has production greenhouses in Bleiswijk NL, a ceramics factory in China, and a sales office with a warehouse in the United States. In 2024, the company had turnover of over 100 million euros. Around 160 employees work at Bunnik Group.

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 crossroads 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.

For the wind-down, a step-by-step plan has been created stating that no new orders will be accepted. The expectation is that the company will largely come to a halt by 31 December and the final orders will be delivered around mid-2026. A social plan has been prepared for employees. Customers and suppliers will be informed weekly about the wind-down of the company in the coming months.