Eröffnung: | - |
Veränderung: | - |
Volumen: | - |
Tief: | - |
Hoch: | - |
Hoch - Tief: | - |
Typ: | Aktien |
Ticker: | KWS |
ISIN: | DE0007074007 |
DGAP-Adhoc: KWS SAAT SE: Entry into the vegetable seeds business: KWS acquires Pop Vriend Seeds
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DGAP-Ad-hoc: KWS SAAT SE / Key word(s): Mergers & Acquisitions Disclosure of an inside information acc. to Art. 17 MAR Entry into the vegetable seeds business: KWS acquires Pop Vriend Seeds Einbeck, June 19, 2019. Today KWS SAAT SE entered into a definitive agreement for the purchase of the vegetable seeds business operating under the 'Pop Vriend Seeds' brand. Pop Vriend Seeds is a family-owned, worldwide operating seeds breeding company for spinach, beans, red beet, and Swiss chard with headquarters in Andijk/NL. Under the "Pop Vriend Seeds" brand, the company sells vegetable seeds in over 100 countries. The agreed purchase price equals approx. 20% of the current market capitalisation of KWS SAAT SE. Founded in 1956, the fast-growing company Pop Vriend Seeds generated revenues of around EUR 75 million in the 2017/2018 financial year with above-average profitability. The acquisition will strengthen KWS's future revenues and earnings growth and contribute to the achievement of its strategic goals. The Executive Board
19-Jun-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | KWS SAAT SE |
Grimsehlstraße 31 | |
37555 Einbeck | |
Germany | |
Phone: | +49 (0)5561 311-0 |
Fax: | +49 (0)5561 311-322 |
E-mail: | [email protected] |
Internet: | www.kws.de |
ISIN: | DE0007074007 |
WKN: | 707400 |
Indices: | S-DAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 827109 |
End of Announcement | DGAP News Service |
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827109 19-Jun-2019 CET/CEST
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