Nutreco reaches agreement on the sale of its Hungarian business to Nuscience Group

12 oktober 2012 Nutreco announces today that it has reached an agreement on the sale of Trouw Nutrition Környe Kft's business to Nuscience Group, the premix and specialty division of the Dutch cooperative Royal Agrifirm Group. Környe operates in the premix, concentrates and young animal feed market for pigs and ruminants in Hungary. Following a strategic review it was determined that Környe did not have the scale to meet Nutreco's ambition to become the leading player in the Hungarian market. It is expected that completion of the transaction will take place by the end of this year upon Agrifirm gaining regulatory approval of the Hungarian competition authority. In 2011 Környe had a turnover of EUR 20 million with a feed production volume of approximately 55,000 tonnes with 67 employees. The combined sales of Nuscience and Agrifirm in Hungary in 2011 were EUR 65 million, with a volume of 225,000 tonnes and a staff of 185 employees. End of press release Nutreco Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed solutions are at the origin of food for millions of consumers worldwide. Quality, innovation and sustainability are guiding principles, embedded in the Nutreco culture from research and raw material procurement to products and services for agriculture and aquaculture. Over 100 years of experience brings Nutreco a rich heritage of knowledge and experience for building its future. Nutreco employs approximately 10,000 people in 30 countries, with sales in 80 countries. Nutreco is listed on the NYSE Euronext stock exchange in Amsterdam and with annual revenues of EUR 4.7 billion in 2011. www.nutreco.com For more information: Jurgen Pullens, Director Investor Relations, Nutreco Telephone: +31 (0)33 422 6134 Mobile:        +31 (0)6 5159 9483 E-mail:        jurgen.pullens@nutreco.com Nutreco reaches agreement on the sale of its Hungarian business: http://hugin.info/133565/R/1648347/531431.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Nutreco via Thomson Reuters ONE [HUG#1648347]