AGRANA Beteiligungs-AG

M&A Activity • Nov 8, 2005

News Details

Ad-hoc | 8 November 2005 08:02

Ad hoc announcement

AGRANA/Economy AGRANA to Sell Fruit Preparations Plant in Nauen, Germany, to the Wild Group Ad hoc announcement transmitted by DGAP. The issuer is solely responsible for the content of this announcement. —————————————————————————— AGRANA acquired fruit preparations manufacturer DSF (Deutsch-Schweizerische Früchteverarbeitung GmbH) based in Constance, Germany, in July of this year. DSF’s German production facilities are located in Constance and Nauen. The acquisition requires approval by the German Bundeskartellamt, or federal office of fair trading. The Bundeskartellamt wishes to strengthen competition in the German market for fruit preparations for the dairy industry and has ordered AGRANA to reduce its market share in Germany. AGRANA plans to do so by selling the facility in Nauen, Brandenburg, to German group Rudolf Wild GmbH & CoKG. AGRANA and Wild have already signed the corresponding contract. Approval procedures by the German federal office of fair trading should be completed by the end of this year. AGRANA Beteiligungs-AG Donau-City-Straße 9 (Strabag-Haus) 1220 Wien Austria ISIN: AT0000603709 WKN: 060370 Listed: Amtlicher Handel in Wien End of ad hoc announcement (c)DGAP 08.11.2005