ESGTI AG
ESG EKO AGRO Group AG: Company takeovers completed
DGAP-News: ESG EKO AGRO Group AG
/ Key word(s): Takeover
The Board of Directors is pleased to announce the completion of the following landmark transactions:
On 31 January 2020 – with effect from 1 January 2020 – the Company acquired 100% of the shares of ESG LifeSciences AG (“ESG-LS”) (formerly ESG Technology Investments AG) and thereby also the portfolio companies of ESG-LS. In addition, the Company acquired a significant stake in AltEnergis plc, London. The sellers have agreed to a share deal, which is subject to approval by the General Meeting of the Company. The transaction volume amounts to CHF 53 million. The Board of Directors will shortly be issuing invitations to the General Meeting. With these and the other planned transactions, ESG EKO AGRO Group is positioning itself as an ESG investment company with the following five business areas: Agriculture, Deep Tech, Life Sciences, Renewable Energy and Infrastructure. Further information will soon be available on the Company’s website (www.esg-eag.com). ______________ ESG LifeSciences AG (formerly: ESG Technology Investments AG) is a Swiss investment company with a focus on investments in the life sciences sector. The company currently holds investments in SynDermix AG (syndermix.ch), Énielle AG (enielle.com) and Rheon Medical SA (rheonmedical.com). AltEnergis plc is an English technology development company with several projects in the final development phase (altenergis.co.uk). ESG EKO AGRO Group AG (“ESG EAG”) is a Swiss company mainly active in the development and management of projects, based upon the ESG ethic principles and the 17 “Millenium Development Goals” established by the United Nations through the initiative “Building a better world”.
03.02.2020 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | ESG EKO AGRO Group AG |
Bösch 37 | |
6331 Huenenberg | |
Switzerland | |
Phone: | +41 41 500 9983 |
E-mail: | investor-relations@esg-eag.com |
Internet: | www.esg-eag.com |
ISIN: | CH0298294981 |
WKN: | A1409X |
Listed: | Regulated Unofficial Market in Berlin |
EQS News ID: | 966129 |
End of News | DGAP News Service |
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