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    DGAP-Adhoc  710  0 Kommentare HOCHDORF takes over German wheat germ processor


    EQS Group-Ad-hoc: HOCHDORF Holding AG / Key word(s): Acquisition
    HOCHDORF takes over German wheat germ processor

    26.11.2014 / 17:35
    Release of an ad hoc announcement pursuant to Art. 53 KR.
    The issuer is solely responsible for the content of this announcement.

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    Press Release: HOCHDORF Group strengthens its position in Cereals &
    Ingredients

    HOCHDORF takes over German wheat germ processor

    Hochdorf, 26 November 2014 - The HOCHDORF Group has signed an agreement to
    acquire Marbacher Ölmühle GmbH in Marbach, Germany. This acquisition is to
    be seen in the context of the Group's strategic development in Cereals &
    Ingredients. The acquisition is expected to be completed on 1 December
    2014. The purchase price will remain undisclosed.

    The HOCHDORF Group began working in cereal specialities with its 2003
    takeover of Multiforsa AG with particular focus on the wheat germ products
    sold under the VIOGERM(R) brand. Production and processing of healthy
    VIOGERM(R) wheat germ and VIOGERM(R) wheat germ oil were transferred to the
    Hochdorf site in 2010. In the 2013 business year, Cereals & Ingredients
    achieved turnover of around CHF 20 million and sales of approximately 4,500
    tonnes of products.

    Strengthening the VIOGERM(R) wheat germ business
    With the takeover of Marbacher Ölmühle GmbH, the HOCHDORF Group is
    strengthening its Cereals & Ingredients business. The company is widening
    its operations in the area of cereals, focussing on organic quality in
    particular, as well as extending its ingredients portfolio. The takeover
    also facilitates market activities both in the EU and on the wider
    international market. "The acquisition is equally important for developing
    our future children's food business," says Thomas Eisenring, CEO of
    HOCHDORF Holding Ltd. "The takeover will be financed from our own
    resources," explains the CEO.

    The acquisition of Marbacher Ölmühle is subject to the usual closing
    conditions and is expected to be completed on 1 December 2014.



    About Marbacher Ölmühle GmbH
    Marbacher Ölmühle GmbH was founded in 1899 and achieved turnover of around
    EUR 10 million in 2013. The 3000m2 new plant was completed in 2013 and
    produces oils and coproducts from wheat germ, rapeseed, sunflower and nuts.
    Marbacher Ölmühle is a leading producer of organic quality goods. The
    company has a staff of 15.
    End of ad hoc announcement

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    Additional features:

    Document: http://n.equitystory.com/c/fncls.ssp?u=RMQGTRETVD
    Document title: HOCHDORF takes over wheat germ processor

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    26.11.2014 News transmitted by EQS Schweiz AG. www.eqs.com - news
    archive: http://switzerland.eqs.com/de/News

    The issuer is responsible for the contents of the release.

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    Information and Explaination of the Issuer to this News:

    The HOCHDORF Group, based in Hochdorf, achieved a consolidated gross sales
    revenue of CHF 376.1 million in 2013. It is one of the leading foodstuffs
    companies in Switzerland, employing 362 staff as of 31.12.13 (338 full-time
    staff). Made from natural ingredients such as milk, whey and wheat germ,
    HOCHDORF products have been contributing to our health and wellbeing since
    1895 - from babies to senior citizens. Its customers include the food
    industry and the wholesale and retail sectors and its products are sold in
    over 70 countries. The shares are traded on the SIX Swiss Exchange in
    Zurich (ISIN CH0024666528).

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    Language: English
    Company: HOCHDORF Holding AG
    Siedereistrasse 9
    6281 Hochdorf
    Switzerland
    Phone: +41 41 914 65 65
    Fax: +41 41 914 66 66
    E-mail: hochdorf@hochdorf.com
    Internet: www.hochdorf.com
    ISIN: CH0024666528
    Listed: Foreign Exchange(s) SIX


    End of News EQS Group News-Service
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    299833 26.11.2014


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    DGAP-Adhoc HOCHDORF takes over German wheat germ processor EQS Group-Ad-hoc: HOCHDORF Holding AG / Key word(s): Acquisition HOCHDORF takes over German wheat germ processor 26.11.2014 / 17:35 Release of an ad hoc announcement pursuant to Art. 53 KR. The issuer is solely responsible for the content of this …