Lotus Bakeries NV

M&A Activity • Dec 20, 2012

LOTUS BAKERIES COMPLETES PURCHASE OF DINOSAURUS BRAND

On 26 November 2012, Lotus Bakeries announced that it had successfully acquired the Dinosaurus brand in a joint bid with Nutrexpa. At the time the transaction still depended on a number of conditions. These have now all been met. Today, 20 December, all final agreements have therefore been signed, as a result the deal is completed.

Lotus Bakeries in a nutshell

Lotus Bakeries focuses on authentic specialties from the biscuit and cake world: caramelized biscuits (speculoos), gingerbread, cake specialties, waffles and pepparkakor biscuits. Lotus Bakeries, with headquarters in Belgium, is a dynamic, internationally oriented company with production facilities in Belgium, the Netherlands, France and Sweden, own sales organizations in 10 European countries, in the United States, Hong Kong, China, Chile and an export department for the other countries. With around 1,200 employees, Lotus Bakeries produces and sells high-quality, tasty products under the Lotus, Peijnenburg and Anna's brand names. By maintaining a healthy balance between tradition and innovation, Lotus Bakeries indulges consumers with a unique range of products. In 2011 the Group achieved a turnover of EUR 275.6 million. The shares of Lotus Bakeries are listed on Euronext Brussels.

For further information, please contact: Jan Boone, CEO tel. + 32 9 376 26 02

Further information on Lotus Bakeries can be found on www.lotusbakeries.com.