AGRANA acquires Danish fruit juice concentrates and fruit juice manufacturer Vallo Saft A/S

AGRANA today acquired a 99 per cent stake in fruit juice and fruit juice concentrates manufacturer Vallo Saft A/S, Denmark. The stake was sold by Danish investment funds and private shareholders of Vallo Saft.

Date: 11.04.2003

The company has two production sites located in Vallo, Denmark, and Lipnik, Poland.  They make roughly 20,000 metric tons of fruit juice and fruit juice concentrates a year for the food and beverage industries.  Vallo Saft specializes in the manufacture of high-quality juices from berries, cherries and apples.  It is one of Europe’s leading suppliers to industrial customers in this segment.

The company recorded revenues of roughly € 38 million with 100 employees during 2002.

This acquisition is a continuation of AGRANA’s strategy of processing agricultural raw materials at the primary stage.  It is subject to the approval of the pertinent antitrust authorities.


http://www.agrana.com/