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History

1988-2007

1988
AGRANA Beteiligungs-Aktiengesellschaft is set up to act as the umbrella for the merged Austrian sugar and starch industries.

 

1989
Strategic alliance entered into with Germany's Südzucker AG Mannheim/Ochsenfurt, which is Europe's largest sugar enterprise.

 

1990
Entry into the Hungarian sugar industry (2 sugar factories in Petöhaza and Kaposvar) and acquisition of a stake in Hungary's Hungrana maize starch and isoglucose factory.

 

1991
Stock-exchange launch: 1,500,000 preference shares are listed in the Vienna stock exchange's B-Segment.

 

1994
Entry into the Czech market: takeover of one sugar factory in Hrusovany nad Jev.

 

1996
Expansion of interests in Hungary: acquisition of Magyar Cukor AG.

 

1998
Acquisition of stakes in 4 sugar factories in Romania (activ: Buzau and Roman) and 2 sugar factories in Slovakia (activ: Sered).
Acquisition of 2 more sugar factories in the Czech Republic (activ: Opava).

 

2001
Purchase of a maize starch factory in Romania.

 

2003
Development of the group's third Segment Fruit with it's operating units AGRANA Juice and AGRANA Fruit.  Complete takeover of Denmark's Vallø Saft A/S and acquisition of an initial stake in Austria's Steirerobst AG.

 

2004
Start of the four-stage acquisition of France's Atys Group (world's leader in fruit preparations); acquisition of Belgium's Dirafrost (frozen fruit specialities) and Germany's Wink Group (fruit juice concentrates).


2005
Capital increase to raise additional funds for the continued pursuit of AGRANA's dynamic growth strategy.
Decision for the construction of a bioethanol plant.
Acquisition of  DSF-Deutsch-Schweizerische Früchteverarbeitung GmbH based in Constance, Germany.
AGRANA opens the new fruit preparation plant in Serpuchov (south of Moscow).

 

2006

The reform of  the Sugar Central Market Organisation forces AGRANA to rationalize operations. Affected by this rationalization process are the plants in Hohenau/Austria and Rimavska Sobota/Slovakia.
AGRANA acquires 100 % stake of Steirerobst.
AGRANA establishes a raw sugar refinery in Brcko/Bosnia Herzegovina jointly with the Bosnian-Austrian company SCO Studen & Co Holding/Vienna as 50 % partner.
AGRANA acquires a 50 % stake in concentrates manufacturer Xianyang Andre Juice Co. Ltd. The company is located in the province Shaanxi/China.
AGRANA decided to establish a sales joint venture together with the Bulgarian sugar producer Zaharni Zavodi AD. AGRANA helds a stake of 51 %.

 

2007

AGRANA starts operations at new fruit preparations plant in Cabreuva/Brazil