02-Nov-2017 / 10:55 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Insider information publication according to section 17 MAR
Mannheim, 02 November 2017
Südzucker subsidiary Freiberger acquires Richelieu, a U.S.-based pizza producer
Freiberger USA Inc., Morris Plains, a 100 %-owned subsidiary of Südzucker Group, acquires Richelieu Foods Inc, Braintree/Massachusetts, the largest frozen pizza producer for private label in food retailing in the USA from Centerview Capital. The Enterprise Value is USD 435 million.
Richelieu produces with nearly 900 employees frozen and chilled pizza as well as sauces and dressings for the food retailing private label business in the USA. Thereby Richelieu is domiciled in the worldwide largest and fastest growing pizza market. In business year 2016 revenues of USD 325 million were generated. The acquisition is subject to subsequent approval by the U.S. antitrust authorities.
Südzucker AG
Central Investor Relations Department
Nikolai Baltruschat
Maximilianstraße 10
68165 Mannheim, Germany
Phone: +49 621 421-240
Fax: +49 621 421-449
investor.relations@suedzucker.de
02-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Suedzucker AG is a Germany-based company engaged in the processing of agricultural raw materials. The Company is organized, along with its subsidiaries, into four segments: the Sugar segment comprises sugar production and the agricultural division; the Special Products segment includes the activities of four divisions: BENEO, which produces and sells ingredients made from natural raw materials for food products and animal feed; the Freiberger Group is a producer of chilled and frozen pizzas, frozen pasta dishes and snacks; the PortionPack Europe group specializes in portion packs, and the starch division comprises starch companies in Hungary and Romania, bio-ethanol production in Austria and Hungary, as well as starch production facilities in Austria; the CropEnergies segment includes the bio-ethanol activities of the Company in Germany, Belgium and France, and the Fruit segment comprises the fruit juice preparations and fruit juice concentrates divisions.
SÜDZUCKER AG 
