Ad-hoc | 23 September 2016 16:04
ADM Hamburg Aktiengesellschaft / Key word(s): Joint Venture
23.09.2016 16:04
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Disclosure of inside information according to Article 17 MAR
ADM Hamburg Aktiengesellschaft: Competition authorities approve joint
venture with Wilmar
(Hamburg, September 23, 2016)
On September 23, 2016 Archer Daniels Midland Company (NYSE: ADM) and
Wilmar International Limited (SGX: F34) have received all clearances from
the competition authorities for the transition of Olenex into a full-
function joint venture with its own assets, trading, sourcing, sales and
marketing capabilities.
As part of Archer Daniels Midland Group, ADM Hamburg Aktiengesellschaft
will transfer its specialty oils and fats facility and palm refining
facility into the newly founded joint venture company Olenex Edible Oils
GmbH. Wilmar will contribute its facilities for tropical oils processing in
Brake and Rotterdam (the Netherlands). Archer Daniels Midland Group and
Wilmar Group have been co-operating since 2012 to market oils and fat
products in Europe.
ISIN: DE0007269003
WKN: 726900
Quotation: Open Market in Frankfurt (Entry Standard) and Hamburg-Hannover
(Mittelstandsbörse Deutschland), Stuttgart and Berlin
Company headquarters: Germany
Your contact partner:
ADM Hamburg Aktiengesellschaft
Jaana Karola Kleinschmit von Lengefeld
Managing Director
Nippoldstraße 117
21107 Hamburg
Tel. +49-(0) 40 75194 294
Jaana.Kleinschmit@adm.com
www.oelag.de
23.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: ADM Hamburg Aktiengesellschaft
Nippoldstr. 117
21107 Hamburg
Germany
Phone: +49 40 7 51 94-0
Fax: +49 40 7 51 94-300
E-mail: manfred.klotz@adm.com
Internet: www.adm.com
ISIN: DE0007269003
WKN: 726900
Listed: Regulated Unofficial Market in Berlin, Hamburg
(Mittelstandsbörse Deutschland), Hanover, Munich, Stuttgart;
Open Market (Entry Standard) in Frankfurt
End of Announcement DGAP News-Service
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