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    EANS-Adhoc  473  0 Kommentare AGRANA plans strategic partnership with the shareholders of Serbian company Sunoko via majority participation

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    ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
    distribution. The issuer is solely responsible for the content of this
    announcement.
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    Mergers - Acquisitions - Takeovers
    29.06.2016

    In order to implement a strategic partnership with the shareholders
    of Serbian company Sunoko d.o.o., AGRANA Beteiligungs-AG has 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. This partnership is also
    subject to subsequent approval by the anti-trust authorities.

    In its Sugar segment, AGRANA maintains operations in
    Bosnia-Herzegovina, Romania, Slovakia, the Czech Republic and Hungary
    besides Austria. In the course of the last sugar beet campaign,
    2015|16, a total of around 5.4 million tonnes of beet were processed
    into approximately 800,000 tonnes of sugar.

    About Sunoko d.o.o. Sunoko d.o.o. is a wholly-owned subsidiary of
    Agri Europe Cyprus. With three sites in Kova?ica, Vrbas and Pe?inci
    (all in Serbia / Vojvodina), SUNOKO is the largest sugar beet
    purchaser in the country 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.

    This announcement is available in German and English at
    www.agrana.com.

    Further inquiry note:
    AGRANA Beteiligungs-AG


    Mag.(FH) Hannes Haider
    Investor Relations
    Tel.: +43-1-211 37-12905
    e-mail:hannes.haider@agrana.com


    Mag.(FH) Markus Simak
    Pressesprecher
    Tel.: +43-1-211 37-12084
    e-mail: markus.simak@agrana.com

    end of announcement euro adhoc
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    issuer: AGRANA Beteiligungs-AG
    F.-W.-Raiffeisen-Platz 1
    A-1020 Wien
    phone: +43-1-21137-0
    FAX: +43-1-21137-12926
    mail: info.ab@agrana.com
    WWW: www.agrana.com
    sector: Food
    ISIN: AT0000603709
    indexes: WBI, ATX Prime
    stockmarkets: Präsenzhandel: Berlin, Stuttgart, Frankfurt, official market: Wien
    language: English





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    EANS-Adhoc AGRANA plans strategic partnership with the shareholders of Serbian company Sunoko via majority participation - ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement. - Mergers - Acquisitions - Takeovers 29.06.2016 In order to implement a strategic …

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