June 19, 2018 / 4:09 PM / a month ago

BRIEF-Hochdorf Holding Parts Company With Hochdorf Baltic Milk UAB

June 19 (Reuters) - HOCHDORF HOLDING AG:

* HOCHDORF GROUP IS PARTING COMPANY WITH HOCHDORF BALTIC MILK UAB

* MILK PROTEIN PLANT IN MEDEIKIAI (LITHUANIA) IS BEING TAKEN OVER BY AN INVESTMENT GROUP

* SALE WILL TAKE PLACE RETROACTIVELY TO END OF MAY

* THIS TRANSACTION INVOLVES AN EBIT LIABILITY OF AROUND CHF 3.2 MILLION AND A TOTAL OF AROUND CHF 6.2 MILLION NET PROFITS

* CONTRACT PARTNERS HAVE AGREED NOT TO DISCLOSE ACQUISITION PRICE Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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