Austrian fruit, sugar and starch group Agrana has announced that it has acquired the remaining 37.5% of the globally active fruit preparations group Atys, based in France, completing its takeover of the Atys Group and making it possible to fully integrate Atys into the Agrana Group.
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Atys has already been a fully consolidated member of the Agrana Group since the second quarter of this 2005|06 financial year.
Furthermore, Agrana has taken over the 50% stake in Atys Austria previously held by Ybbstaler Fruchtsaft GmbH, whereby that takeover is subject to approval by the responsible competition regulators.
Agrana has also increased its stake in Atys Merko in Turkey from 50% to 100% cent. Closure of the deal is planned for January 2006.
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