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Total Produce receives clearance for acquisition

5th Mar 2012 07:00

RNS Number : 6392Y
Total Produce Plc
05 March 2012
 



 

Total Produce plc

 

Stock Exchange Announcement

 

Total Produce receives regulatory clearance for Dutch acquisition

 

 

 

 

Total Produce plc, Europe's leading fresh produce company, announced on 20 December 2011 that it had entered an agreement to acquire 50% of Frankort & Koning Beheer Venlo B.V. ("Frankort & Koning") and subsidiaries for up to €15 million subject to, inter alia, regulatory approval. Headquartered in Venlo, the Netherlands, Frankort & Koning is a highly respected fresh produce company with operations principally in the Netherlands, Germany and Poland.

 

Total Produce is now pleased to announce that it has received regulatory clearance for its investment in Frankort & Koning and the transaction is expected to complete in due course.

 

 

 

05 March 2012

 

 

For further information, please contact:

Brian Bell, Wilson Hartnell PR

Tel: +353-1-669 0030

 

 

 

.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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