Worldwide News 2012.09.28.
BayWa AG announces the acquisition of two grain traders, turning the company into a global agricultural trader
Munich, 28 September 2012 – The international trading and services company BayWa AG acquires 100% of the internationally operating grain trader Cefetra B.V. (the Netherlands), as well as a majority stake in the North German agricultural trading group Bohnhorst Argrarhandel GmbH. Both transactions – subject to approval of the responsible antitrust authorities – will be completed by January 1st, 2013. The purchase price for 100% of the shares of Cefetra and for 60% of the shares of Bohnhorst amounts to Euro 125 million and Euro 36 million, respectively. 40% of Bohnhorst’s shares will remain with the seller, Helmut Bohnhorst jr., who will also continue as the company’s managing director.