MILKILAND (MLK): Acquisition of an agricultural subsidiary - raport 14

Raport bieżący nr 14/2011
Podstawa prawna:

Inne uregulowania

The Board of Directors of Milkiland N.V. (the "Company") hereby informs that on October 3, 2011 DE "Milkiland Ukraine" (subsidiary of Milkiland Group) acquired 99.9% of the chartered capital of ALLC "Batkivschyna" located in the Bakhmach region of the Chernihiv oblast, which grant a right to 99.9% of voting rights at the general participants meeting. On October 14, 2011, the Antimonopoly Committee of Ukraine issued a permit for this acquisition.

ALLC "Batkivschyna" is an agricultural company with approx. 2,400 hectares of arable land under lease and holding about 680 milking cows.

The acquisition of this company is aimed to develop the Group’s raw material supply chain. After this acquisition, the Group’s arable land bank increased to c.18,100 hectares, milking cows headcount to about 2,600 heads.
Sergey Trifonov - IR Officer