Deprez Family Acquires Groupe d’Aucy’s Greenyard Shares

The Deprez family, through Deprez Holding NV and Food Invest International NV, has increased its overall shareholding of Sint-Katelijne-Waver, Belgium-headquartered Greenyard from 43.8% to 45.3%.

According to a statement issued on March 3: “Deprez Holding NV has exercised its call option to acquire 642,441 shares of Groupe d’Aucy, previously named Centrale Coopérative Agricole Bretonne (CECAB). Following this transaction, Deprez Holding NV’s stake in Greenyard increased from 29.09% to 30.54%...whereas Groupe d’Aucy’s stake is reduced from 1.45% to 0.00%.”

Greenyard recently reported that sales of €996.9 million during the third quarter ending on December 31, 2016, were up 6.3% over the same period the year before. Internal growth amounted to 4.8% for the company, which is a major producer and marketer of frozen, canned and fresh vegetables and fruits, and a supplier of flowers, plants and growing media.