AGRANA Beteiligungs-AG

euro adhoc: AGRANA Beteiligungs-AG
Strategic management decisions
AGRANA starts fruit preparation in Brazil

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AGRANA, world market leader in fruit preparations, is expanding its activities in Brazil and will now establish a production facility in Cabreuva, State of Sao Paulo, which is scheduled to open during the second quarter of 2007. The facility will produce approximately 3,000 tons of fruit preparations for the Brazilian dairy industry in the 2007|08 financial year. Forecasts call for an increase in production to approximately 5,500 tons per year beginning in 2008. The new subsidiary AGRANA FRUIT BRASIL LTDA. will be managed jointly with RICAELI, a producer of frozen fruits and purees for retail and industrial customers, who will hold up to 25 percent of the shares in this company. The investment will amount to roughly EUR 5 million.

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ots Originaltext: AGRANA Beteiligungs-AG
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Further inquiry note:
AGRANA Beteiligungs-AG
Dipl.-Ing. Mag. Gertraud Wöber
Investor Relations/Corporate Communications
Tel.: +43-1-211 37-12941

Branche: Food
ISIN:      AT0000603709
WKN:        779535
Index:    ATX Prime, WBI
Börsen:  Wiener Börse AG / official market

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