Ad-hoc | 12 October 2004 08:06
AGRANA Fruit Continues to Expand by Taking Over Germany’s WINK Group
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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AGRANA Fruit Continues to Expand by Taking Over Germany’s WINK Group
On 11 October 2004, Danish AGRANA Group member Vallø Saft signed the contract
for the acquisition of a 100% stake in Germany’s WINK Group, based in Bingen,
Germany, from Wink Verwaltungs GmbH and Mr. Anton Franz Wink, of Bingen,
Germany.
Wink is a major European producer of fruit juice concentrate. The WINK Group
also renders a variety of logistical and other services in the concentrated
fruit juices segment.
The WINK Group and its 200 employees recorded revenues of EUR 36 million
during the 2002/03 financial year.
The WINK Group’s production facilities are located in Europe’s prime apple-
growing areas, with one factory each in the Grójec region of Poland and the
Moldova region of Romania and two factories in the Szabolcs-Szatmár region of
Hungary. In addition, the group has a plant breeding operation in Hungary
that breed multi-resistant apple varieties and sells their seedlings to local
apple growers.
The takeover is subject to the approval by the competition authorities.
AGRANA is thus continuing its expansion in the fruit preparations and
concentrated fruit juices segment following its earlier acquisitions of Vallø
Saft, Steirerobst AG and France’s Atys Group.
This Press Release is also available in the Internet at http://www.agrana.com
end of ad-hoc-announcement (c)DGAP 12.10.2004
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WKN: 060370; ISIN: AT0000603709; Index:
Listed: Amtlicher Handel in Wien
120806 Okt 04