Cebeco Seeds Group take-over by DLF-Trifolium completed
DLF-TRIFOLIUM’s køb af Cebeco Seeds Group nu afsluttet

Roskilde, Denmark and Vlijmen, the Netherlands
January 31, 2003

Following regulatory approvals, the anticipated take-over of Cebeco Seeds Group from the Netherlands by the world market leader in grass seed, DLF-TRIFOLIUM from Denmark, has been completed. Cebeco Seeds Group will continue to trade as an independent unit.

The new seed group is the key player on the world market of grass and clover seed, and it will play a strong part in the European market of cereals, pulses and flax. The group employs some 850 people, and the combined business comes to approximately 270 million Euros.

DLF-TRIFOLIUM has its own subsidiaries in Denmark, England, Germany, France, the United States, the Czech Republic and China. It breeds, grows and trades grass, clover, pea and fodder beet seed.

Cebeco Seeds Group will trade as an independent unit within the new seed group. Its breeding programmes for grasses, cereals and peas will broaden the group's range of products for their customers. In addition, Cebeco Seeds Group strengthens the international market position of the group with its subsidiaries in France, Denmark, Germany, England, the Czech Republic and the United States. Cebeco Seeds will continue its intensive cooperation with the Dutch cooperatives with regards to the distribution of seed.

By working toward a synergy between the several divisions, DLF-TRIFOLIUM and Cebeco Seeds Group clearly aim at an increase of operational efficiency and at improving service levels in favour of all their customers and shareholders.

The objective of the new DLF-TRIFOLIUM group in the years to come is to achieve profitable growth in grasses, cereals, pulses, flax and maize.


DLF-TRIFOLIUM’s køb af Cebeco Seeds Group nu afsluttet

DLF-TRIFOLIUM har overtaget CEBECO SEEDS GROUP med hovedsæde i Holland. Overtagelsen er nu faldet på plads, efter at de nødvendige tilsagn fra forskellige myndigheder er opnået. CEBECO SEEDS GROUP vil fortsat operere med en selvstændig markedsprofil i den nye koncern.

Med opkøbet af CEBECO SEEDS GROUP bliver DLF-TRIFOLIUM koncernen global markedsleder inden for kløver- og græsfrø, ligesom koncernen vil få en stærk position inden for korn, ærter og hør på det europæiske marked. Den nye DLF-TRIFOLIUM koncern vil have omkring 850 ansatte og omsætte for ca. to mia. kr.

DLF-TRIFOLIUM har datterselskaber i Danmark, England, Tyskland, Frankrig, USA, Tjekkiet og Kina. Koncernen forædler, producerer og markedsfører kløver- og græsfrø, ærte- og foderroefrø.

CEBECO SEEDS GROUP vil fortsat operere med en selvstændig markedsprofil inden for den nye koncern. Dets forædlingsprogrammer inden for græs, korn og ærter vil supplere DLFTRIFOLIUM’s produktportefølje. Ved overtagelsen etableres en endnu stærkere international markedsposition, idet CEBECO SEEDS GROUP har dattervirksomheder i Danmark, Frankrig, Tyskland, England, Tjekkiet og USA. CEBECO SEEDS i Holland vil fortsætte et tæt distributionssamarbejde med de hollandske andelsgrovvareselskaber.

Det er målsætningen for den kombinerede virksomhed at øge effektiviteten igennem opnåelse af en række synergier samt at forbedre servicegraden til glæde for koncernens kunder og ejere. DLF-TRIFOLIUM koncernen ejes ultimativt af danske frøavlere gennem koncernens moderselskab DLF AmbA.

Det er endvidere målsætningen, at den nye DLF- TRIFOLIUM koncern skal realisere en profitabel vækst inden for områderne kløver- og græsfrø samt korn, ærter, hør og majs.

News release
5295

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