BayWa AG / Key word(s): Acquisition 16.04.2014 08:33 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- BayWa subsidiary Turners & Growers Ltd. announces the acquisition of Apollo Apples Ltd. BayWa subsidiary Turners & Growers Ltd. (T&G), a world-wide operating exporter and producer of fresh fruit, based in New Zealand, has today agreed upon the acquisition of Apollo Apples Ltd., a leading producer and exporter of apples, based in New Zealand, with its shareholders. The effectiveness of the take-over is subject to certain conditions including the approval by the Overseas Investment Office (OIO) of New Zealand, which deals with foreign investments. In addition, the assignment of certain material contracts still has to be implemented. The purchase price for the company is NZ$36.05 million (approx. EUR23 million) plus a performance-based premium. The take-over also includes the acquisition of the title and the leasehold rights to a total of approx. 500 hectares of crop area in the Hawke's Bay region. The annual trading volume of Apollo is 25,000 tonnes of apples. As a result, the share of the companies held by BayWa in apple exports from New Zealand will increase to 35%. Apollo Apples Ltd. was incorporated in 2006 in the course of the merger of Apollo Fruit Ltd. and United Fruit Packers HB Ltd. (Unipac). The company currently employs approx. 120 members of staff. Munich, 16 April 2014 BayWa AG The Board of Directors BayWa Aktiengesellschaft, Arabellastrasse 4, 81925 Munich, www.baywa.de German Securities Identification Number (WKN) 519406 // ISIN DE0005194062; WKN 519400 // ISIN DE0005194005 Stock exchanges: Regulated Market in Frankfurt (Prime Standard), Munich; OTC markets in Berlin, Düsseldorf, Hamburg, Hanover and Stuttgart Indices: SDAX Contact: Marion Danneboom, BayWa AG, Head of PR/Corporate Communication, tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 22-36 98, e-mail: [email protected] 16.04.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: BayWa AG Arabellastraße 4 81925 München Germany Phone: 089/ 9222-3691 Fax: 089/ 9222-3698 E-mail: [email protected] Internet: www.baywa.de ISIN: DE0005194062, DE0005194005, WKN: 519406, 519400, Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), München; Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------