VERBIO subsidiary Märka GmbH successfluuy continues to sell its locations
Zörbig/Leipzig, 24 July 2013 – Märka GmbH has sold off three additional locations (two seed facilities and a grain storage facility in Angermünde and Jüterbog) to two subsidiaries of Getreide AG. The Riesa, Genthin and Tucheim locations were sold to two agricultural traders last week. In addition to acquiring land, real estate and assets, the purchasers are going to take over all the 27 people employed at the sites concerned. Sale proceeds are in the single-digit million euro range. The transaction with Getreide AG is subject to the approval of the German Federal Cartel Office. In June of this year, twelve locations were already sold.
Claus Sauter, CEO of VERBIO AG commented, “The quick and successful continuation of Märka’s selling activity is showing once again that the locations are attractive investment opportunities. Even during the harvest, we will continue our discussions with interested parties for the remaining locations."
About VERBIO Vereinigte BioEnergie AG (VERBIO)
VERBIO is one of the leading independent producers and suppliers of biofuels and also the only industrial-scale producer of biodiesel, bioethanol and biomethane in Europe. Nominal capacity currently amounts to around 450,000 tonnes of biodiesel, 300,000 tonnes of bioethanol and 480 gigawatt hours of biomethane per year. In the production of its highly efficient fuels, the company uses its own energy-saving production processes and innovative technologies. The biofuels produced by VERBIO achieve CO2 reductions of up to 90 per cent compared with petrol and diesel. VERBIO supplies its products directly to European oil corporations, oil traders, independent filling stations, haulage companies, public utilities and vehicle fleets. VERBIO AG also markets high-quality pharma glycerine for the consumer goods and cosmetic industries (glycerine is a by-product of biodiesel production). VERBIO Vereinigte BioEnergie AG acts as the management holding company within the Group. The Group’s operating business is run by its subsidiaries VERBIO Diesel Bitterfeld GmbH & Co. KG, VERBIO Diesel Schwedt GmbH & Co. KG, VERBIO Ethanol Schwedt GmbH & Co. KG, VERBIO Ethanol Zörbig GmbH & Co. KG and Märka GmbH. VERBIO shares (ISIN DE000A0JL9W6/WKN A0JL9W) have been listed on the Prime Standard of the Frankfurt Stock Exchange since October 2006.