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BayWa AG acquires majority stake in TFC Holland B.V.
470 
0 KommentareBayWa AG / Key word(s): Takeover
02.02.2016 07:35
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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BayWa AG acquires majority stake in TFC Holland B.V.
BayWa AG, Munich, has signed a purchase agreement on 1 February 2016 to
acquire 68.4 percent of shares in TFC Holland B.V. based in De Lier,
Netherlands, with the current shareholders. A purchase price of EUR 28.7
million has been agreed. The transaction is subject to approval by the
antitrust authorities, amongst other things.
TFC Holland B.V. (TFC) is an international trader of exotic fruits and
vegetables, in particular avocado, mango, ginger and citrus fruits. The
company employs 49 staff.
For BayWa AG the majority stake in TFC is an important step within its
international growth strategy in the agricultural segment. By expanding its
portfolio in the growth market for exotic speciality fruits, BayWa AG is
strengthening its position as a leading supplier of exotic and pome fruit
for the retail food industry in its sales markets.
BayWa AG
The Board
BayWa Aktiengesellschaft, Arabellastrasse 4, 81925 Munich, www.baywa.de
WKN 519406 // ISIN DE0005194062; WKN 519400 //
ISIN DE0005194005
Contact:
Marion Danneboom, BayWa AG, Head of PR/Corporate Communications,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98,
e-mail: marion.danneboom@baywa.de
02.02.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: BayWa AG
Arabellastraße 4
81925 München
Germany
Phone: 089/ 9222-3691
Fax:
E-mail: marion.danneboom@baywa.de
Internet: www.baywa.de
ISIN: DE0005194062, DE0005194005,
WKN: 519406, 519400,
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Stuttgart
End of Announcement DGAP News-Service
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BayWa AG, Munich, has signed a purchase agreement on 1 February 2016 to
acquire 68.4 percent of shares in TFC Holland B.V. based in De Lier,
Netherlands, with the current shareholders. A purchase price of EUR 28.7
million has been agreed. The transaction is subject to approval by the
antitrust authorities, amongst other things.
TFC Holland B.V. (TFC) is an international trader of exotic fruits and
vegetables, in particular avocado, mango, ginger and citrus fruits. The
company employs 49 staff.
For BayWa AG the majority stake in TFC is an important step within its
international growth strategy in the agricultural segment. By expanding its
portfolio in the growth market for exotic speciality fruits, BayWa AG is
strengthening its position as a leading supplier of exotic and pome fruit
for the retail food industry in its sales markets.
BayWa AG
The Board
BayWa Aktiengesellschaft, Arabellastrasse 4, 81925 Munich, www.baywa.de
WKN 519406 // ISIN DE0005194062; WKN 519400 //
ISIN DE0005194005
Contact:
Marion Danneboom, BayWa AG, Head of PR/Corporate Communications,
tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98,
e-mail: marion.danneboom@baywa.de
02.02.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: BayWa AG
Arabellastraße 4
81925 München
Germany
Phone: 089/ 9222-3691
Fax:
E-mail: marion.danneboom@baywa.de
Internet: www.baywa.de
ISIN: DE0005194062, DE0005194005,
WKN: 519406, 519400,
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Stuttgart
End of Announcement DGAP News-Service
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