Almost 93% of the AMC shares publicly traded on the Philippines Stock Exchange were acquired, at a price of PHP 24.00 per share. These shares, together with the 60.5% interest acquired in March this year from the Uytengsu family, the founders of AMC, and the 8.0% stake already held, mean that FrieslandCampina now owns 97,7% of the company's total outstanding capital stock.
After complying with all formalities and regulations, AMC is likely to be delisted from the Philippines Stock Exchange in the near future.
About Royal FriesiandCampina N.V.
Royal FriesiandCampina N.V. provides hundreds of millions of people all over the world with healthy food that is rich n valuable nutrients. Its product range consists of dairy drinks, baby and infant food, cheese, butter, cream, desserts and dairy-based functional ingredients. Alongside consumer products, FrieslandCampina also supplies products to professional customers active in the baking and hospital sectors, to the food industry and to the pharmaceutical sector. Based on the 2011 figures, the annual revenue of Royal FrieslandCampina amounts to almost 9.6 billion euros. The company employs some 19,000 people and operates over 100 production facilities and sales offices in 25 countries. FrieslandCampina has concentrated its commercial activities in four business groups: Consumer Products Europe; Consumer Products International; Cheese, Butter & Milkpowder and Ingredients. Well-known FrieslandCampina brands are Campina, Chocomel, Fristi, Friesche Vlag, Mona, Optimel, Vifit, Milner, Frico, Buttergold, Valess, Appelsientje, DubbelFrisss, CoolBest, fandliebe, Fruttis, ]oyvalle, Yazoo, Milli Mia, Pdttyds, Napolact, NoyNoy, Dutch Lady, Frisian Flag, Foremost, Peak, Rainbow, DMV, Kievit, Domo, Creamy Creation and Nutrifeed. Royal FrieslandCampina is owned by Zuivelcodperatie FrieslandCampina U.A., which has 14,400 member dairy farms in the Netherlands, Germany and Belgium.
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