Completion Announcement

RNS Number : 9130W

Origin Enterprises Plc

26 November 2010

 



 Origin Enterprises plc

                                                                                                26 November 2010

Food Repositioning Completed:

Origin Enterprises plc ('Origin' or 'the Group') announces that Valeo Foods Group Limited ('Valeo') has completed the simultaneous acquisitions of the branded food businesses of Origin and the Irish food company Batchelors ('the transaction').  Origin has a 45 per cent equity shareholding in Valeo.  

Further details of the transaction are set out in the Stock Exchange announcement dated 10 September 2010.

ENDS

Enquiries:

Origin Enterprises plc

Brendan Fitzgerald, Chief Financial Officer                                Tel:       [phone]

About Origin Enterprises plc

Origin Enterprises plc is a leading agri-nutrition and food company listed on the ESM and AIM markets of the Irish and London Stock Exchanges.  The Agri-Nutrition division, through its manufacturing and distribution operations in Ireland, the United Kingdom, Poland and Norway has leading market positions in the supply of feed ingredients, specialist agronomy services, crop nutrition and marine proteins and oils.  The Group's Food division, comprising sales, marketing, distribution and manufacturing activities in Ireland, has leadership positions in ambient food across the retail, food service and manufacturing sectors.

ESM ticker symbol: OIZ

AIM ticker symbol: OGN

Website: www.originenterprises.com

 

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