28.09.2010 | Ad hoc announcements
VERBIO Vereinigte BioEnergie AG acquires a qualified majority stake in Märka GmbH
Zörbig/Leipzig, September 28, 2010 – Today, VERBIO Vereinigte BioEnergie AG – ISIN DE000A0JL9W6 – has concluded a contract about the purchase of a stake in Märka GmbH in the amount of economical 89.35% with Sauter Verpachtungsgesellschaft mbH, Zörbig.
The shareholding in Märka GmbH secures VERBIO Vereinigte BioEnergie AG the direct access to the farmers and with it in-house raw material supply. The transaction will amount to EUR 24.57 million. In addition to cash settlement the transfer of 1,470,000 own shares (treasury stock) of VERBIO Vereinigte BioEnergie AG are agreed as equivalent.
The execution of the contract is still subject to the approval of the Supervisory Board of VERBIO Vereinigte BioEnergie AG as well as of the anti-trust authorities.
Contact:
VERBIO Vereinigte BioEnergie AG
Anna-Maria Schneider
Investor Relations
Augustusplatz 9, 04109 Leipzig
Tel.: +49 (0) 341 30 85 30 94
Fax: +49 (0) 341 30 85 30 98
E-Mail: ir@verbio.de
VERBIO Vereinigte BioEnergie AG
Katja Fischer
Public Relations
Augustusplatz 9, 04109 Leipzig
Tel.: +49 (0) 341 30 85 30 85
Fax: +49 (0) 341 30 85 30 99
E-Mail: pr@verbio.de
www.verbio.de
About VERBIO Vereinigte BioEnergie AG (VERBIO)
VERBIO is one of the leading producers and suppliers of biofuels and also the only industrial-scale producer of biodiesel and bioethanol in Europe. Nominal capacity amounts to around 450,000 tons of biodiesel and 300,000 tons of bioethanol per year. Currently, VERBIO is realizing biogas projects to make use of the residual materials of the bioethanol production. The company has developed its own processes and innovative technologies for the production of biodiesel, bioethanol and biogas. It supplies its products directly to European mineral oil corporations, mineral oil traders, independent gas stations and haulage companies. VERBIO AG also markets high-quality pharma glycerin for the consumer goods and cosmetic industries (glycerine is a by-product of biodiesel production). Within the Group, VERBIO AG acts as the management holding company. The Group's operating business is run by its subsidiaries: VERBIO Diesel Bitterfeld GmbH & Co. KG, VERBIO Diesel Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co. KG, and VERBIO Ethanol Schwedt GmbH & Co. KG.
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