Pursuant to the Investment Program of Agria Group Holding AD along with the increased development potential of the Holding in the field of grain production, storage, processing and trading, on 11 February 2016 the Company concluded a Framework Agreement for the acquisition of Kehlibar OOD, Lyaskovets Municipality, Veliko Tarnovo region. The acquisition will allow for business expansion and generation of new opportunities for stable development in the future. The company is operating in the field of trading, storing and processing grain and oil-bearing crops in North-central and North-eastern Bulgaria. The transaction is to be finalized by August 2016.

The transaction ensures a partly execution of the Investment Program of the Holding in view of strengthening the processing and export orientation of the Company pursuant to its long-term development strategy. Combining the business potential of Agria Group Holding AD and Kehlibar OOD, in terms of trade and logistics of mass bulk grain cargoes and processing of oil-bearing crops, would lead to a stable foundation for a future successful development and diversification of the Company's business directions.

Agria Group Holding AD issued this content on 11 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2016 15:01:53 UTC

Original Document: http://www.agriabg.com/en/news/i32/Agria-Group-Holding-AD-concludes-a-Framework-Agreement-for-equity-shares-acquisition.html