M&A Activity • Jun 26, 2007
M&A Activity
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Ad-hoc | 26 June 2007 17:07
KWS SAAT AG: A new course for SAKA RAGIS Pflanzenzucht
KWS SAAT AG / Miscellaneous
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.
A new course for SAKA RAGIS Pflanzenzucht
Einbeck, June 26, 2007 - The two main shareholders of the SAKA RAGIS Group,
Dr. Kartz von Kameke and KWS SAAT AG, have agreed that KWS will sell its
stake in SAKA RAGIS to Dr. K. von Kameke effective July 1, 2007.
SAKA RAGIS’ business will be continued under the name SaKa. KWS will retain
ties with SaKa through joint research projects. SaKa and its sales
organization Solana intend to continue expanding their market activities in
Germany and abroad.
As a result of this agreement, the new SaKa Group will be managed as an
independent company by the next generation of the von Kameke family. The
traditional company name RAGIS will remain with KWS SAAT AG.
Contact:
Georg Folttmann
Tel.: 0 55 61 / 311-640
[email protected]
DGAP 26.06.2007
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: [email protected]
Internet: www.kws.de
ISIN: DE0007074007
WKN: 707400
Indices: S-DAX
Listed: Amtlicher Markt in Hannover; Geregelter Markt in Frankfurt
(General Standard); Freiverkehr in Berlin-Bremen, Düsseldorf,
Stuttgart
End of News DGAP News-Service
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