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Aviko takeover by Cosun finalised

26 August 2003

On Monday August 26, 2002 the transfer of the Cebeco Group’s 70 per cent share in Aviko to Royal Cosun has taken place. With this exchange, Aviko is now a 100% subsidiary of Cosun.

 

Ton Houben, CEO and Chairman of the Board of Cebeco, and Kees Menkhorst, President and CEO of Royal Cosun, signed the documents of transfer in the presence of Aviko representatives.

A principal agreement for the planned takeover had already been reached on June 26.