DGAP-Adhoc

Südzucker AG: Südzucker subsidiary AGRANA plans strategic partnership with the shareholders of Serbian company Sunoko via majority participation

Südzucker AG / Key word(s): Takeover

29.06.2016 08:08

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.

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Ad-hoc-release according to § 15 WpHG
Mannheim, 29 June 2016

Südzucker subsidiary AGRANA plans strategic partnership with the
shareholders of Serbian
company Sunoko via majority participation

The Austrian AGRANA Beteiligungs-AG, a round 50 percent Südzucker
participation, intends a strategic partnership with the shareholders of
Serbian company Sunoko d.o.o. and has therefore signed a term sheet with
regard to achieving agreement about majority participation. The next step
consists of due diligence processes. The conclusion of the contract is
subject to the approval of the supervisory board of AGRANA Beteiligungs-AG
and the supervisory board of Südzucker AG. This partnership is also subject
to subsequent approval by the anti-trust authorities.

Südzucker AG
Central Investor Relations Department
Nikolai Baltruschat
Maximilianstraße 10
68165 Mannheim, Germany
Phone: [phone]
Fax: [phone]
[e-mail]

About Sunoko

Sunoko d.o.o. is a wholly-owned subsidiary of Agri Europe Cyprus. With
three sites in Kovačica, Vrbas and Pećinci, all in the region of Vojvodina,
Sunoko is the largest sugar beet purchaser in Serbia and in the Balkan
region. The company annually processes around two million tonnes of sugar
beet, grown on more than 40,000 hectares of land, to produce approximately
300,000 tonnes of sugar. Serbia has duty-free access to the EU market for a
quota of 180,000 tonnes of sugar.

About the Südzucker Group

Südzucker, with its sugar, special products, CropEnergies and fruit
segments, is one of the leading companies in the food industry. In the
traditional sugar business, the group is the world market leader, with 29
sugar factories and two refineries, extending from France in the west via
Belgium, Germany and Austria, through to Poland, the Czech Republic,
Slovakia, Romania, Hungary,

Bosnia and Moldova in the east. The special products segment, consisting of
the functional ingredients for food and animal feed (BENEO), chilled/frozen
products (Freiberger), portion packs (PortionPack Europe) and starch
divisions, is an important growth driver. The CropEnergies segment covers
the bioethanol activities in Germany, Belgium, France and the UK. In the
fruit segment, the group operates internationally, is the world market
leader for fruit preparations and is a leading supplier of fruit juice
concentrates in Europe.

In 2015/16, the group employed about 16,500 persons and generated revenues
of EUR 6.4 billion.


29.06.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap.de

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Language: English
Company: Südzucker AG
Maximilianstr. 10
68165 Mannheim
Germany
Phone: +49 (0)621 - 421-530
Fax: +49 (0)621 - 421-7530
E-mail: [e-mail]
Internet: www.suedzucker.de
ISIN: DE0007297004, XS0606202454 DE000A1AJLE6 XS0222524372
WKN: 729700, A1GNRQ A1AJLE A0E6FU,
Indices: MDAX
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime
Standard), Hamburg, Munich, Stuttgart; Regulated Unofficial
Market in Hanover; Terminbörse EUREX

End of Announcement DGAP News-Service

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