AGRANA / Wink-Group – Contracts of Sale EffectedDate: 03.01.2005
On 3 January 2005, Danish AGRANA Group member Vallø Saft, Wink Verwaltungs GmbH and Mr. Anton Franz Wink, of Bingen, Germany, signed a closing agreement that gave legal validity to the contracts for the acquisition of a 100 % stake in Germany’s WINK Group.
The necessary approvals under competition law (Germany, Austria, Hungary) have been obtained. The takeover thus took effect with today’s date.
Wink is a major European producer of fruit juice concentrate with plants in Poland, Romania and Hungary. The WINK Group also renders a variety of logistical and other services in the concentrated fruit juices segment.
The WINK Group and its 200 employees recorded revenues of € 43.5 million during the 2003/04 financial year.