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VERBIO Vereinigte BioEnergie AG Updates on Marka GmbH Sales Process

Wednesday, 25 Sep 2013 01:30am EDT 

VERBIO Vereinigte BioEnergie AG announced that the Board of the Company with approval of the Supervisory Board has decided to sell Marka GmbH. The aim of the sale is to be able to react quicker and in a more flexible manner to market changes especially with regard to the acquisition of raw materials. Marka ceased its own trading activities and warehouse sites. In total 21 of the 42 Marka locations in total were successfully sold off. By the middle of 2014 the sales process is expected to be finalized. 

Company Quote

0.024 +1.41%
15 Aug 2014