Ad-hoc | 16 December 2005 08:29
AGRANA Beteiligungs-AG: Further Integration within the Fruit Division
Ad hoc announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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With effect from 15 December 2005, AGRANA has acquired the remaining 37.5 per
cent of the globally active fruit preparations group Atys, based in France,
completing AGRANA’s takeover of the Atys Group and making it possible to fully
integrate Atys into the AGRANA Group. Atys has already been a fully
consolidated member of the AGRANA Group since the second quarter of this
2005|06 financial year.
Furthermore, AGRANA has taken over the 50 per cent stake in Atys Austria
previously held by Ybbstaler Fruchtsaft GmbH, whereby that takeover is subject
to approval by the responsible competition regulators.
AGRANA has also increased its stake in Atys Merko in Turkey from 50 to 100 per
cent. Closure of the deal is planned for January 2006.
During the 2004 financial year, Atys Austria and Atys Merko with their
workforce of 100 recorded total revenues of roughly 30 million euros. Atys
Austria’s factory in Kröllendorf, Lower Austria, specializes in the
manufacture of fruit preparations for use in yogurt drinks and organic
products. It employs some 75 people.
Besides Atys, AGRANA’s Fruit Division also includes DSF (fruit preparations),
Steirerobst (fruit preparations and fruit juice concentrates), Dirafrost
(deep-frozen speciality fruit products) and the two fruit juice concentrates
makers Vallø Saft and Wink. The Fruit Division with its total of 37
production facilities around the world will account for nearly 40 per cent of
AGRANA’s consolidated revenues during the current 2005|06 financial year.
This press release is also available at http://www.agrana.com .
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 16.12.2005