Auriga confirms investigations regarding a potential sale transaction

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| Source: Auriga Industries A/S
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Auriga Industries A/S, Harboøre, Denmark, 2014-07-31 14:59 CEST (GLOBE NEWSWIRE) --  

 

Company announcement no. 9/2014

July 31, 2014

  

Auriga confirms investigations regarding a potential sale transaction


Auriga Industries A/S has noticed certain rumors concerning potential ownership changes regarding the company or its subsidiary.

Referring to the company announcement of June 13, 2014, regarding the initiation of a review of strategic options, we can confirm that a process has been initiated to investigate a potential sale transaction.

Discussions with several parties regarding a potential transaction are currently underway, and Auriga has engaged advisors to assist in the process.

There can be no certainty about the outcome of the discussions, the type of transaction or whether a transaction will occur at all.

Auriga will make further announcements if and when it is deemed necessary or appropriate.

  

AURIGA INDUSTRIES A/S

 

Further information:

Jens Due Olsen 
Chairman of the Board of Directors
Mobile: +45 40 82 88 04  
                                                                                        

René Schneider
Chief Financial Officer (CFO)  
Mobile: +45 40 80 99 50

                                                                                                                                       

 

Facts about Auriga

Auriga Industries A/S is the listed parent company of Cheminova A/S, which is the wholly owned operating company domiciled in Denmark. Cheminova is developing, producing and marketing crop protection products. All activities are carried out with due consideration for the environment and in compliance with ever higher sustainability standards. The products are sold in more than 100 countries, and 98% of sales are generated outside Denmark. In 2013, the group posted revenue of approx. DKK 6.6 billion and has more than 2,200 employees in a global organization with subsidiaries in 24 countries. Read more on www.auriga-industries.com.