1 Sep 2008 07:00
Total Produce plc
Stock Exchange Announcement
Total Produce completes Dutch acquisition
Total Produce plc, Europe's leading fresh produce company, announces that it has completed its acquisition of 60% of Haluco B.V. and Nedalpac B.V.
Total Produce announced, on 23 May 2008, that it had entered an agreement to acquire the shareholding in the companies for a consideration of up to €23 million. On 11 August 2008, the European Commission approved the acquisition.
The Companies, headquartered in Bleiswijk, the Netherlands, recorded a combined profit before tax of €5.5 million on turnover of €298 million in the year ended 31 December 2007.
Total Produce plc
01 September 2008
For further information, please contact:
Brian Bell, Wilson Hartnell PR
Tel: +353-1-669 0030