KWS SAAT SE & Co. KGaA

M&A Activity • Feb 6, 2008

News Details

Ad-hoc | 6 February 2008 16:45

KWS SAAT AG: KWS and van Rijn set up an international joint venture in the potato business

KWS SAAT AG / Joint Venture

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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KWS and van Rijn set up an international joint venture in the potato
business

Einbeck, February 6, 2008 – KWS SAAT AG and the Dutch family owned company
van Rijn intend to set up a worldwide 50:50 joint venture for the breeding,
production, and marketing of seed potatoes.

As per July 1, 2008 (with the beginning of the KWS fiscal year of
2008/2009), the company shall start with the marketing of seed potatoes in
60 countries. With this joint venture, both partners join their extensive
experience in breeding, technological know how and a large portfolio of
varieties for table and industrial use. Furthermore, the existing
international distribution networks of both organizations shall be used. It
is planned to achieve a turnover of around 30 million € during the first
year.

Potatoes are an important product for human nutrition and industrial use.
Therefore, the seed potato market constitutes an international and
strategic business segment with considerable growth potential for KWS,
especially in Central and Eastern Europe.

Contact:
Georg Folttmann
Head of Investor Relations
Phone: +49-5561-311-640
Mobile: +49-173-29 10 520
g.folttmann@kws.com
06.02.2008 Financial News transmitted by DGAP

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Language: English
Issuer: KWS SAAT AG
Grimsehlstraße 31
37574 Einbeck
Deutschland
Phone: +49 (0)5561 311-0
Fax: +49 (0)5561 311-322
E-mail: info@kws.de
Internet: www.kws.de
ISIN: DE0007074007
WKN: 707400
Indices: S-DAX
Listed: Regulierter Markt in Frankfurt (General Standard), Hannover;
Freiverkehr in Berlin, Düsseldorf, Stuttgart

End of News DGAP News-Service

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