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Tuesday 12 July, 2011

Royal Wessanen nv

Wessanen to sell Kalisterra, part of its French...






Royal Wessanen reached an agreement with a local entrepreneur for the sale and
purchase of its French business Kalisterra for an undisclosed amount. Kalisterra
is a French distribution company selling food supplements to pharmacies and is
part of Wessanen Europe Health Food Stores (HFS). It realised net revenue of €14
million in 2010. The deal is expected to close per 1 October 2011. A book loss
of about €1 million after tax is expected on the sale, to be reported in Q2
2011.

This move is fully in line with Wessanen's strategic emphasis on creating more
focus within its wholesale activities in Wessanen Europe HFS. In France, the
company will focus with Distriborg on its branded grocery business (which
includes the leading organic brand Bjorg), branded HFS business (with its brands
Bonneterre and Evernat) and wholesale HFS via Biodistrifrais.

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For more information
Carl Hoyer (VP Corporate Communications)
Phone +31 (0)20 3122 140 / +31 (0)6 123 556 58
[email protected] / [email protected]
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http://hugin.info/143317/R/1530254/465508.pdf




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Source: Royal Wessanen nv via Thomson Reuters ONE

[HUG#1530254] 
  



                                                                                                                                                                                                   

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