Fenaco is an acronym of its French name fédération nationale des coopératives agricoles.
This makes Fenaco indirectly owned by the around 43,000 members of the Landi cooperatives, 22,000 of them being active farmers.
According to a 2005 article in the Neue Zürcher Zeitung, Fenaco has a "dominant role in many agricultural sectors".
[1] In 2009, it was placed on position 172 of the Deloitte list of the world's largest 250 producers of consumer goods, although it operates only in Switzerland.
[2] Enterprises or labels of Fenaco are the beverage company Ramseier Suisse, meat producer Ernst Sutter AG, food producer Frigemo, the retailers Volg (small supermarkets) and Landi, fertiliser retailer Landor, animal feed producer UFA AG, and mineral oil company Agrola.
[3] As these names are better known to the general public than Fenaco who owns them, it has also been called "the silent giant".
In return, Fenaco buys the farmers' products, especially seeds, grains, oilseeds, potatoes, cattle, eggs, corn, vegetables and fruits.
Both companies were later liquidated, while the names continued as brands as part of the strategic business unit Inoverde (formerly: Fenaco Landesprodukte).
At the beginning of 2011, Fenaco took over Biomill AG (small animal feed) from Groupe Minoteries.
The largest plant, with an electricity production of around 1.2 GWh per year, was put into operation at the Bätterkinden site in 2019.
[30] Since 2015, Fenaco has been operating the German-Swiss logistics center LahrLogistics in Lahr in a joint venture with ZG Raiffeisen.