Jameson Legal

 

Resource

 

 

 

 

 

 

 

 

 

 

 

Dümmen International Merger

25 Feb 2013

Simmons & Simmons advises Dümmen and its shareholders on the merger of Dümmen with Agribio Group, creating a leading company in the worldwide floricultural breeding industry.

The intended merger will create a breeding company with a unique international production and sales network and broad assortment of cut flowers, pot and bedding plants. The new company will have around 6,000 employees worldwide and realize €175 million sales annually. The Dümmen family and management and H2 Equity Partners will be the shareholders of the new company.

Dümmen's key markets are Europe and North America. The company’s headquarter is located in Germany where the biggest part of the European rooting activities take place. Additional sales offices are located in the USA, France and Italy. Next to this facility there are production facilities in El Salvador, Costa Rica, Ethiopia and Italy.

Agribio Group is active in 56 countries and trades over one billion cuttings per year. The company is a global top-3 player in terms of breeding and vegetative propagation of plants and flowers.

The Simmons & Simmons team was led by Corporate partner Pieter van Uchelen and included lawyers from our Amsterdam office (Michiel Wurfbain, Pieter de Visser and Martijn Stuart) and Düsseldorf office (Stephan Ulrich, Peter Meyer, Matthias von Holten and Anne Schröer).

http://www.simmons-simmons.com/en/News/2013/02-Feb/Dummen-International…

Matter Type
M&A
Industry
Agriculture
News Category
M&A