Planned joint venture between ForFarmers UK and 2Agriculture referred to Phase 2 investigation
Lochem, December 21, 2022
Proposed joint venture between ForFarmers UK and 2Agriculture related to phase 2 study
The UK’s Competition and Markets Authority (CMA) announced on December 21 that it had completed the first phase of its merger review process. The CMA will conduct an in-depth merger investigation into the proposed joint venture between ForFarmers UK and 2Agriculture, pending remedies. The proposed joint venture between ForFarmers UK and 2Agriculture was announced by ForFarmers on 1 July 2022.
ForFarmers UK and 2Agriculture are considering their next steps.
This press release contains information that qualifies as insider information within the meaning of Article 7 Paragraph 1 of the EU Market Abuse Regulation.
Note to the editor / For further information:
Caroline Vogelzang, Head of Investor Relations
M +31 (0)6 10 94 91 61 • E: [email protected]
ForFarmers NV is an international organization that offers complete innovative feed solutions for the livestock industry. with For the future of agriculture Mission ForFarmers underlines its commitment to both farming continuity and further increasing the sustainability of the agricultural sector. ForFarmers is the largest animal feed manufacturer in Europe with an annual turnover of around 10 million tonnes of animal feed and is active in the Netherlands, Belgium, Germany, Poland and Great Britain. ForFarmers has around 2,500 employees and generated sales of around 2.7 billion euros in 2021. ForFarmers NV is listed on Euronext Amsterdam.
PO Box 91
7240 AB Lochem
T: +31 (0)573 28 88 00
[email protected], www.forfarmersgroup.eu
FORWARD LOOKING STATEMENTS
This press release contains forward-looking statements, such as those relating to ForFarmers’ legal obligations with respect to capital and liquidity positions under certain specified scenarios. In addition, without limitation, forward-looking statements may include the words “intend,” “expect,” “consider,” “intend,” “plan,” “estimate” and/or words of similar meaning. These statements relate to or may affect matters in the future, such as B. ForFarmers’ future financial results, business plans and current strategies. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results and performance to differ materially from any anticipated future results or performance expressed or implied by the forward-looking statements. Factors that may cause or contribute to differences from current expectations include, but are not limited to, developments in legislation, technology, taxation, case law and regulations, stock price fluctuations, legal proceedings, investigations by regulatory authorities, the competitive environment and general economic conditions. These and other factors, risks and uncertainties that may affect ForFarmers’ forward-looking statements or actual results are discussed in the most recently published annual report. The forward-looking statements in this press release speak only as of the date of this document, and ForFarmers assumes no obligation or responsibility to update any forward-looking statements contained in this press release, whether as a matter of new information, future events or otherwise, unless ForFarmers is required by law to do so.