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Wessanen Increases Stake in Natudis.


Business Editors

AMSTELVEEN, Netherlands--(BUSINESS WIRE)--Jan. 20, 2003

The Executive Board of Koninklijke Wessanen, the international food group, today announced that an agreement has been reached with Hugli N.V., Switzerland, on acquiring 29.35% of the shares of Natudis B.V., Harderwijk. With this purchase Wessanen increases its stake from 41.30% to 70.65%. The remaining shares will remain in the ownership of Nico Broersen, managing director of Natudis B.V.

Natudis is the leading supplier and distributor of branded natural and health food products in the Netherlands. The company distributes approximately 10,000 different products to over 1,000 customers. With proprietary brands such as Natufood, De Rit, Ekoland and Molenaartje Natudis is market leader in the specialty store Noun 1. specialty store - a store that sells only one kind of merchandise
shop, store - a mercantile establishment for the retail sale of goods or services; "he bought it at a shop on Cape Cod"
 channel in the Benelux and ranks amongst the top three in Western Europe Western Europe

The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO).
. In 2002, Natudis' annual sales amounted to approximately EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 67 million.

The majority share of Wessanen perfectly fits the strategy of both companies, which is aimed at the marketing and distribution of healthy, natural food and specialties.

This transaction is subject to approval of the relevant competition authorities.

Executive Board

Koninklijke Wessanen nv

COMPANY PROFILE

Koninklijke Wessanen nv is a Netherlands-based multinational food group operating in the European and North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 markets. We market, distribute and produce wellness products that the consumer perceives to be natural and healthy, easy to prepare or tasty tast·y  
adj. tast·i·er, tast·i·est
1. Having a pleasing flavor; savory.

2. Having or showing good taste; tasteful.



tast
 & indulgent in·dul·gent  
adj.
Showing, characterized by, or given to indulgence; lenient.



in·dulgent·ly adv.
. Knowledge of consumer trends and a clear emphasis on innovation form the basis for growth and continuity in all our businesses.
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Publication:Business Wire
Geographic Code:4EUNE
Date:Jan 20, 2003
Words:251
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