EURAZEO (EPA:RF) - EXCLUSIVE DISCUSSIONS INITIATED WITH ADM TO SELL NEOVIA

Transparency directive : regulatory news

02/07/2018 12:00

PRESS RELEASE

        EXCLUSIVE DISCUSSIONS INITIATED WITH ADM TO SELL NEOVIA

PARIS, July 2, 2018
Eurazeo, Idia, Future French Champions, and Unigrains, Neovia group
shareholders since 2015, alongside InVivo (the group's historic shareholder),
are pleased to announce the launch of exclusive discussions with Archer Daniels
Midland Company (NYSE: ADM), for the sale of Neovia's entire share capital
based on an enterprise value of EUR1,535 million.

Founded in France in 1954, Neovia produces and sells a broad range of nutrition
solutions for animal feed producers. Its activities include premix and high
value-added services, petcare, additives and ingredients, aquaculture, and
complete animal feed. Neovia is currently consolidated within InVivo, a leading
French agricultural cooperative group, and employs some 8,200 people. Backed by
11 R&D centers in six countries, its significant innovation capacity was key to
generating revenue of EUR1.7 billion in 2017. Its solid presence in Central and
South America and in Southeast Asia and Europe, in contrast to its limited U.S
presence, complement ADM's commercial positioning.

Under the impetus of Eurazeo, InVivo, the group's historic shareholder, and its
management teams, the Neovia group has undergone a profound transformation over
the last three years, and accelerated its expansion both internationally and
into higher added-value businesses. Over the period, the company carried out
over 15 acquisitions in various geographies.

Under French law, the signature of a purchase agreement is subject to a
preliminary information and consultation process involving employee
representatives. The acquisition is expected to be finalized in Q4 2018,
following the completion of this process and the receipt of supervisory
authority approval.

About Eurazeo

With a diversified portfolio of 5 billion euros in assets, Eurazeo is one of
the leading listed investment companies in Europe. Its purpose and mission is
to identify, accelerate and enhance the transformation potential of the
companies in which it invests. The Company covers most private equity segments
through its four business divisions - Eurazeo Capital, Eurazeo Croissance,
Eurazeo PME and Eurazeo Patrimoine. Its solid institutional and family
shareholder base, robust financial structure free of structural debt, and
flexible investment horizon enable Eurazeo to support its companies over the
long term. Eurazeo is notably either a majority or key shareholder in
AccorHotels, ANF Immobilier, Asmodee, Desigual, Elis, Europcar, Fintrax,
Foncia, InVivo NSA, Les Petits Chaperons, Moncler, and smaller companies,
including the investments of Eurazeo PME and Eurazeo Croissance. Eurazeo is
listed on Euronext Paris. ISIN: FR0000121121 - Bloomberg: RF FP - Reuters:
EURA.PA

About InVivo

InVivo is the leading agricultural cooperative group in France, bringing
together 206 cooperatives and nearly 300,000 farmers; it has 10,200 employees
in 34 countries.
InVivo has five fields of expertise: Agriculture - Bioline by InVivo; Animal
health and nutrition - Neovia; Retail - InVivo Retail; Wine - InVivo Wine; and
digital and food innovation - InVivo Food&Tech. 2016-2017 revenue: 5.5 billion
euros. To find out more: invivo-group.com - @InVivoGroup

ADM

For more than a century, the people of Archer Daniels Midland Company (NYSE:
ADM) have transformed crops into products that serve the vital needs of a
growing world. Today, we're one of the world's largest agricultural processors
and food ingredient providers, with approximately 31,000 employees serving
customers in more than 170 countries. With a global value chain that includes
approximately 500 crop procurement locations, 270 ingredient manufacturing
facilities, 44 innovation centers and the world's premier crop transportation
network, we connect the harvest to the home, making products for food, animal
feed, industrial and energy uses.

Learn more at www.adm.com.

EURAZEO CONTACTS

CAROLINE COHEN
HEAD INVESTOR RELATIONS
E-mail: ccohen@eurazeo.com
Tel: +33 (0)1 44 15 16 76

STEPHANIE MARIA-BAJARD
DIRECTOR OF COMMUNICATION
E-mail: smaria-bajard@eurazeo.com
Tel: +33 1 44 15 80 44

PRESS CONTACT
HAVAS PARIS
Daniel Saltsman
E-mail: daniel.saltsman@havas.com
Tel: +33 (0)6 33 39 94 42

    For more information, please visit the Group's website: www.eurazeo.com
                  Follow us on Twitter, Linkedin, and YouTube

EURAZEO's latest news

22/04/2024 17:35

EURAZEO (EPA:RF) - EXCLUSIVE DISCUSSIONS INITIATED WITH ADM TO SELL NEOVIA

Transparency directive : regulatory news

EURAZEO's latest news

Other stories