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PRESS RELEASE
Negotiations on acquisition of Fresh Concept terminated
Waarschoot, 29 April 2008
Ter Beke announced on 29 February 2008 that it had entered into exclusive talks on the possible takeover of Fresh Concept SA, located in Marcinelle.
The parties have decided to terminate these negotiations because they cannot agree on the terms of a possible transaction.
For more information, please contact:
| Media Marc Hofman Managing Director Telephone: +32 (0)3 350 06 20 E-mail: m.hofman@terbeke.com |
Investor
Relations Dirk De Backer Company Secretary Telephone: +32 (0)9 370 13 17 E-mail: dirk.debacker@terbeke.com |
FINANCIAL CALENDAR
| Business update first quarter 2008 | 9 May 2008 after market close |
| General Meeting 2008 | 29 May 2008 at 11:00 hours |
| Half year results 2008 | 29 August 2008 after market close |
| Business Update third quarter 2008 | 12 November 2008 after market close |
TER BEKE IN BRIEF
Ter Beke (Euronext Brussels: TERB) is an innovative Belgian fresh food group selling its range of products in 10 European countries. The group has 2 core businesses: processed meats and fresh ready meals, possesses 10 industrial sites in Belgium, the Netherlands and France and counts about 1,800 people. In 2008, Ter Beke recorded a turnover of 393 million EUR.
Processed Meats Division: Ter Beke-Pluma
- Producer of processed meats for the Benelux, the United Kingdom and Germany;
- 4 production sites in Belgium (Wommelgem, Waarschoot, Marche-en-Famenne and Herstal) and 5 centres for slicing and packaging of processed meats, including 2 in Belgium (Wommelgem and Veurne) and 3 in the Netherlands (Milsbeek, Ridderkerk and Hendrik Ido Ambacht);
- Innovative in the segment of pre-packaged processed meats;
- Distribution brands and own brand names L´Ardennaise and Daniël Coopman;
- Approximately 1050 employees.
Ready Meals Division: FreshMeals
- Producer of fresh ready meals for the European market;
- Europe market leader in fresh lasagne;
- 3 production sites, including 2 in Belgium (Wanze and Marche-en-Famenne) and 1 in France (Alby-sur-Chéran);
- Brand names Come a Casa, Pronto and Vamos along with distribution brands;
- Approximately 750 employees