Public limited company with Board of Directors, with a capital of 262 576 040.25 Euros.
Head Office: 4, Quai de la Mégisserie - F-75001 PARIS
SIREN Paris 377 913 728
Fiscal year from July 1st to June 30th
NYSE Euronext Paris (Compartment A) - Eligible for Deferred Settlement Order
October 30th 2012
Acquisition of Century Seeds. Vegetable Seeds. India
Vilmorin has just acquired the company Century Seeds, based in Delhi, India. This privately held company, specialized in vegetable seeds, owns a wide range of varieties derived from their high quality breeding programs in more than ten species, including cauliflower, pepper, cabbage, tomato and other vegetables mainly consumed in Asia. Its extensive production and sales networks, particularly in the northern part of India, constitute key assets.
Century Seeds and its headcount of almost 90 people, all of whom are included in the acquisition, will join the HM.Clause Business Unit and locally, its subsidiary Clause India, based in Hyderabad (state of Andhra Pradesh).
This operation considerably strengthens the vegetable seeds division presence in India, a market which is growing fast, and eventually moving into 2nd position in Asia, after China. It will immediately double the size of the new entity, representing almost 5% of the vegetable seeds market, with sales close to 8 million Euros. Local breeding will be intensified through this operation, creating new development perspectives in India and more generally in Asia.
| COMING DISCLOSURES AND EVENTS (* at the end of trading on the Paris stock market) Tuesday Nov. 6th 2012*: sales for the first quarter 2012-2013 Wednesday Dec. 12th 2012: Annual General Meeting of the Shareholders in Paris Monday Dec. 17th 2012:dividend detachment Thursday Dec. 20th 2012:payment of the dividends Tuesday Feb. 5th 2013: sales for the first semester 2012-2013 Tuesday Feb. 19th 2013: results for the first semester 2012-2013 |
| As the world's fourth largest seed company, Vilmorin develops vegetable and field seeds with high added value, to better meet global food requirements. |
For any further information, please contact:
Daniel Jacquemond Claire Planche
Chief Financial Officer Financial Communication and Investor
daniel.jacquemond@vilmorin.info Relations Officer
claire.planche@vilmorin.info
New telephone number
Tel: + 33 (0)4 73 63 44 85 Fax: + 33 (0)4 73 63 41 80
Website: www.vilmorin.info
