01.12.2016,
3676 Zeichen
Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
Mergers - Acquisitions - Takeovers/Company Information
The fruit, starch and fruit processor AGRANA has consolidated its presence in
the South American market through the acquisition of 100% of the shares in Main
Process S.A., a producer of fruit preparations. Located in north-eastern
Argentina, this company with a workforce of around 175 generated revenues of
approximately EUR 19 million in its 2015 financial year.
In addition to standard fruit preparations for yoghurts and ice creams, Main
Process S.A. also specialises in the production of syrups for beverages and
fillings for bakery products. Latin America is a strong growth market,
particularly with regard to fruit preparations used in beverages and smoothies
as well as for non-fruit solutions such as chocolate toppings and caramel
syrups. Besides its core business for industrial customers (dairies and
bakeries), additional sales potential also exists in the quick-service
restaurant (e.g. fast food) and food service sectors (e.g. hotels and
catering).
"The acquisition of Main Process represents another step in the direction of
sustainably consolidating our leadership in the global fruit preparations
market. The broad product range of Main Process in both the dairy and non-dairy
segments meshes ideally with our diversified product portfolio"AGRANA CEO
Johann Marihart emphasised.
Fruit preparations at AGRANA Fruit preparations contain top quality fruit which
is prepared either as a liquid or in pieces in order for these to be used
mainly in dairy products but also in the ice cream and bakery industries. These
products are individually designed and produced by AGRANA on the basis of close
development-related collaboration with customers. AGRANA's product development
work also reflects global nutritional and health trends in the area of organic,
natural products and clean labels. For example, current focus areas include
food stabilisers not subject to mandatory declaration (so-called 'E numbers')
for fruit preparations and production processes which minimise the impact of
fruit commodity processing. The aim is to optimally maintain the natural
properties of the fruit.
AGRANA currently operates seven production facilities for fruit preparations on
the American continent, four in the USA and one in each of Argentina, Brazil
and Mexico. Globally, AGRANA produces fruit preparations at a total of 24
sites.
About AGRANA AGRANA adds value to agricultural commodities to produce top
quality foodstuffs and numerous industrial upstream products. Around 8,600
personnel working at over 50 production facilities worldwide generate
consolidated revenues of around EUR 2.5 billion. The Company was founded in
1988 and is today the leading sugar company in Central and Eastern Europe as
well as being a key producer, in the Starch segment, of special products in
Europe and the largest manufacturer of bioethanol in Austria. AGRANA is also
the global leader in fruit preparations and the largest European producer of
fruit juice concentrates.
This press release is available in German and English at www.agrana.com.
end of announcement euro adhoc
company: 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
Digital press kit: http://www.ots.at/pressemappe/4/aom
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Agrana
Akt. Indikation: 13.35 / 13.50
Uhrzeit: 10:54:59
Veränderung zu letztem SK: -0.19%
Letzter SK: 13.45 ( 1.13%)
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