08.06.2025, 1111 Zeichen

Agrana: The planned joint venture between the food and industrial goods group AGRANA and the global supplier of ingredient solutions INGREDION (NYSE: INGR) obtained clearance for the transaction from all applicable international regulatory authorities, including the European antitrust body. In September 2024, AGRANA Stärke GmbH, a subsidiary of AGRANA Beteiligungs-AG, signed a joint venture agreement with INGREDION Germany GmbH for the joint development of starch production in Romania. Per the agreement, INGREDION Germany GmbH will acquire 49% of the shares of equity in the Romanian operating entity S.C. AGFD Țăndărei s.r.l. from AGRANA Stärke GmbH. As part of the joint venture, AGRANA and INGREDION will jointly invest EUR 35 million in expanding the production in Țăndărei. Construction of the plant expansion is scheduled to start in June 2025. The project will take 2.5 years to complete, but the plant will start producing products in support of the joint venture immediately.
Agrana: weekly performance: 4.24%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (02/06/2025)

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