AGRANA - ATYS: Contracts of Sale Effected
Date: 29.07.2004On 28 July 2004, AGRANA, Vienna, and Butler Capital Partners, Paris, signed a closing agreement that gave legal validity to the contracts for AGRANA’s takeover of the Atys Group, which is domiciled in Neuilly-sur-Seine, Paris, France.
The necessary approvals under competition law having been obtained and by this it was necessary to deinvest the German affiliate. The takeover thus took effect, as a result of which AGRANA will be acquiring all the stock of Financière Atys S.A. by the end of 2006. Atys Group is the world’s leader in fruit preparations.
The Atys Group recorded revenues of roughly 403 million euros in fiscal 2003.