Above all, the decision to delist CropEnergies was a strategic one.
On the one hand,
our subsidiary is an important pillar of our Strategy 2026 PLUS.
We want it to focus on
expanding our new bio-based chemicals business.
The delisting has given us the freedom to do so.
On the other hand, we as the Südzucker Group benefit
because we have been able to simplify
our group structure and capital structure.
This has always been a concern of our stakeholders.
As a result of the delisting,
we now have a clear profile on the capital market.
The delisting project was very complex.
However, thanks to the great commitment of everyone involved,
we were able to complete it in only about three months.
And I am delighted with how successfully
and smoothly it went.
We made a very attractive offer to the shareholders of CropEnergies.
As a result,
we were able to significantly increase our stake in CropEnergies
by the end of the stock market listing.
I see this as a great confidence
placed in the Südzucker Group by our shareholders.