Lochem, 4 January 2024
Via its affiliate Tasomix Sp. Z.o.o. (“Tasomix”)
The enterprise value is the sum of a payment to the shareholders of Piast and the net debt. The enterprise value will be paid in local currency, which amounts approximately 30,6 million in Euro’s. Tasomix received thus 100% of the shares in Piast.
This means that Tasomix and Piast will be merging their feed business. This will expand Tasomix's volume in
This transaction is in line with ForFarmers’ strategic objectives to expand in the attractive Polish agricultural market.
This press release contains information that qualifies as inside information within the meaning of Article 7 paragraph 1 of the EU Market Abuse Regulation.
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