Press Releases

Read about the development of AGRANA’s business operations in our press releases and other publications.

AGRANA fixes 100 per cent acquisition of Steirerobst

AGRANA has signed a contract for the complete acquisition of Steirerobst AG as of the end of February 2006 with the present co-owners (Raiffeisen-Landesbank Steiermark, Landes-Land- wirtschaftskammer Steiermark and Grazer Wechselseitige Versicherung).

New EU Sugar CMO will compel AGRANA to Rationalize Operations

Retention of Austria’s Status as a Sugar-Making Country EssentialToday, the Supervisory Board of AGRANA Beteiligungs-AG met to discuss the effects of the reform of the EU sugar CMO agreed in November 2005 and developments in the WTO and their consequences for the enterprise.…

AGRANA - Sharp Increase in Revenues during the First Three Quarters of 2005|06

The AGRANA Group’s revenues during the first three quarters of the current 2005|06 financial year (1 March through 30 November 2005) surged by 49 per cent compared with the same period of 2004|05 to total € 1,121.5 million (Q1 – Q3 2004|05: € 753.0 million)

Further Integration within AGRANA’s Fruit Division

With effect from 15 December 2005, AGRANA has acquired the remaining 37.5 per cent of the globally active fruit preparations group Atys, based in France, completing AGRANA’s takeover of the Atys Group and making it possible to fully integrate Atys into the AGRANA Group. Atys…

Germany’s Bundeskartellamt approves takeover of DSF by AGRANA

Germany’s Bundeskartellamt approved the purchase of DSF (Deutsch-Schweizerische Früchteverarbeitung GmbH) by AGRANA which has already been signed in July 2005. DSF, originally a part of the ATYS Group, makes fruit preparations for the dairy, baked products, and ice cream…

AGRANA Plans to Maintain Output Volumes even after Reform of the EU Common Market Organization (CMO) for the Sugar Sector

The European Union’s agriculture ministers today came to an agreement on reform of the EU sugar CMO, whereby the beet price will be cut stepwise within the next four years by 39.4 per cent instead of 42.6 per cent. The reference price for sugar will remain unchanged at 631.9…

AGRANA to Sell Fruit Preparations Plant in Nauen, Germany, to Wild

AGRANA acquired fruit preparations manufacturer DSF (Deutsch-Schweizerische Früchteverarbeitung GmbH) based in Constance, Germany, in July of this year. DSF’s German production facilities are located in Constance and Nauen.The acquisition requires approval by the German…

AGRANA - Rapid Growth in Revenues during H1 2005|06

The AGRANA Group’s revenues during the first half of the current 2005|06 financial year (1 March through 31 August 2005) were 53.1 per cent up on the same period of 2004|05 at € 723.5 million (1st Half 2004|05: € 472.4 million)

Steirerobst opens Fruit Preparations Factory in Serpuchov, Russia

After several months of trial production, AGRANA subsidiary Steirerobst officially opened its fruit preparations plant in Serpuchov to the south of Moscow on 23 September 2005. The facility was built at a cost of € 22 million. This new plant is the first of its kind in…

AGRANA already to take over 100% of Atys by Year-End 2005

AGRANA and Butler Capital Partners (the former majority shareholder of the Atys Group) have agreed to bring forward the outstanding stages in AGRANA’s 100 per cent takeover of Financière Atys S.A., France.The original agreement was for a four-step takeover to be completed…