GIMV negotiates the acquisition of a stake in Dutch De Groot International
GIMV announces that it is negotiating, through its Dutch subsidiary Halder, with the De Groot family to acquire a stake in De Groot International. De Groot International (www.degroot-int.nl) is an international company, which imports, distributes and exports fruit and vegetables.
What began 50 years ago as a one-man fruit trading operation has grown into a leading organization with over 100 employees. In 2004 De Groot International realised a turnover of EUR 118 million. The headquarters is at Hedel (Netherlands), and customers come from around the world. Retail organizations are the major De Groot customers. As well as traditional trading and cold storage operations, De Groot International has computer-controlled banana ripening chambers, packaging lines and its own transportation enterprise.
All parties involved have decided not to communicate any further details following this communication.
For more information, please contact:
Mr. Frank De Leenheer – Investor Relations Manager GIMV
Tel: +32 3 290 22 18 – E-mail: email@example.com