Saga Furs and North American Fur Auctions (NAFA) have today entered into an agreement to work together to secure a stable selling channel for NAFA’s farmer customers both in Europe and North America. Utilizing its strong financial position Saga Furs will start financing some of NAFA’s farmer customers with immediate effect.
With this solution Saga Furs and NAFA aim to remove the recent uncertainty and provide farmers the possibility to sell their 2019 production through Saga Furs’ auctions. The combined offering will create the most versatile collection of different fur types available for the international market. The agreement is expected to substantially increase Saga Furs’ volume of high quality mink in 2020.