Families Hendrix and Grelier Join Forces in Poultry Breeding and Distribution

28-Sep-2011

Boxmeer, the Netherlands & Saint Laurent de la Plaine (49290), France

28 September 2011, 08.00 hrs

Hendrix Genetics B.V. and Financière Grelier Holding s.a.s. have completed their agreement to join forces in poultry breeding and distribution.

Hendrix Genetics acquired 100% of the Grelier Groupe. Jean-Marc and Dominique Grelier to become shareholders of Hendrix Genetics next to Hendrix family (majority and control), Sofiprotéol (the financial institution of the French oil and protein industry) and management.

An exclusive negotiation period was already announced in December 2010. The projected cooperation allows to strengthen the groups and to secure their growth because of complementarities in activities and countries.

This project is a result from the joint reflection by the shareholders of the two groups, which show synergies and significant growth for the resulting group in the coming years. The new combination will have around €300mio sales and more than 2,000 employees.

 

F.G.H. s.a.s.

The company Grelier was founded in 1955 by the late Joseph Grelier (*1929-+2000). Its activities include breeding, multiplication and hatchery activities in the turkey, chicken and guinea-fowl breeding industry, with production activities in France, Poland and Hungary, and sales activities in more than 38 countries. The group employs more than 1.000 staff.

www.grelier.com

Hendrix Genetics B.V.

Hendrix Genetics, its foundation laid in 1959 by the late Harry Hendrix (*1926-+2010), headquartered in Boxmeer, the Netherlands, is a leading multispecies breeding company, with 5 divisions: layer breeding (Institut de Sélection Animale-ISA), pig breeding (HYPOR), turkey breeding (HYBRID) poultry distribution (GRELIER, SFPA, INTEGRA, JOICE AND HILL) and aquaculture breeding (LANDCATCH NATURAL SELECTION). The company is dedicated to

providing innovative and sustainable genetic solutions to the animal protein sector. Hendrix

Genetics, including Grelier, supports the global animal protein sector in more than 100 countries,

with wholly owned operations and joint ventures in 24 countries with more than 2.000 employees.

www.hendrix-genetics.com

For more information, please contact:

Thijs Hendrix
Président

Hendrix Genetics B.V.
Villa “de Körver”
P.O.Box 114
5830 AC Boxmeer, The Netherlands-EU
Tel: + 31 (0)485-801911
thijs.hendrix@hendrix-genetics.com

Jean-Marc Grelier
Président

F.G.H. s.a.s.
La Bohardière
BP N°1
49290 Saint Laurent de la Plaine, France-EU
Tél +33 (0)2 41 74 21 21
grelier@grelier.com

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