*

Hitt og þetta 27. apríl 2006

Kemira GrowHow Oyj acquires 19% stake in Hankkija-Maatalous Oy

Nordic Business Report-April 27, 2006-Kemira GrowHow Oyj acquires 19% stake in Hankkija-Maatalous Oy
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Finnish fertiliser company Kemira GrowHow Oyj said on Thursday (27 April) that it had acquired a minority interest in the shares of Hankkija-Maatalous Oy, a Finnish agricultural dealer, from SOK Corporation.

Following the transaction SOK owns 81% and Kemira GrowHow Oyj 19% of the shares in Hankkija-Maatalous Oy.

In addition Kemira GrowHow and Hankkija-Maatalous have agreed to partner up to develop a new Growth programme concept and offer it to farmers in Finland.

The acquisition price was not disclosed.

((Comments on this story may be sent to tww.feedback@m2.com))