Merger of AGROBASE-Logigram / LEXAGRI and acquisition of majority stake by WEKA group in the new entity

Saint-Julien-en-Genevois/St. Denis/Kissing (ots) - LEXAGRI
(Gémenos - FR), a division of CMT SAS, a French subsidiary of WEKA
group, merged on 3 September 2019 with AGROBASE-Logigram SAS
(Saint-Julien-en-Genevois - FR), while WEKA group took over a
majority stake in this new entity which will retain the name of
LEXAGRI.

With this operation, WEKA Group strengthens its positions in the
management and distribution of marketing and regulatory databases
dedicated to plant production and crop protection.

LEXAGRI collects and harmonizes in France the data from the
industrialists, gathered in particular within the UIPP (Union of
Plant Protection Industries). These data are then made available to
players of the digital agricultural ecosystem: producers,
logisticians, distributors, equipment manufacturers, software
publishers and farmers.

AGROBASE-Logigram has developed Homologa®, a harmonized and
standardized database of agricultural regulatory data, collected
locally in more than 70 countries. The company is also the partner of
the largest international players in the development of database for
marketing usage.

This merger offers to international players in the agricultural
sector, an international reference database dedicated to
phytosanitary products by providing all the information needed to
enhance the performance, quality, safety and traceability of
agricultural production.

Mr. Fritz Schuster, founder of AGROBASE-Logigram, becomes General
Manager of the new entity and minority shareholder, assisted by Mr.
Denis Lariviere, Lexagri's historical founder as Deputy Director. Mr.
Schuster will report to Mr. Robin DUALE, current President of WEKA
Group's French activities.

"The agricultural world needs a complete and up-to-date reference
system to support its digital transformation. In a context of
digitalization and globalization of agriculture, it is important for
an independent actor, such as WEKA group, to offer all the players in
the sector appropriate digital solutions. I am delighted that this
operation will allow WEKA group to become an active player in the
international Agrotech ecosystem", said Robin DUALE.

Fritz Schuster, "I found in the WEKA group the ideal partner to
enhance the international development of my company. Because of its
independence and the privileged relationships Lexagri has with all
the players in the sector, I anticipate a strong growth of activity
in the coming years. Our marketing and regulatory databases will
quickly be enriched with new inputs such as seeds or fertilizers and
we have with Phytoscan a mobile reference application to simplify and
facilitate the registration of the use of products in the fields and
the traceability of productions. "

About WEKA Holding GmbH

In 1973, Werner and Karin Mützel founded "WEKA Fachverlag für
Verwaltung und Industrie" (WEKA - Publishing House specialized in
Administration and Industry) near Augsburg (Germany).

The company has grown to become one of the most important media
group in Germany, specialized in publishing, digital services and
professional training. Today, the WEKA Group comprises 25 companies
in four European countries. It generates a turnover of 250 million
EURO, employs 1,500 people (2018) and is still privately owned.

In France

Beyond this new operation, WEKA group has developed its service
offering around 5 other operational companies, chaired by Mr. Robin
DUALE:

- Editions WEKA: Company specialized in the legal and regulatory
information market as well as job offers for public servants.
Editions WEKA also offers several communication and information
media, open to private actors wishing to promote their know-how to
the target audience

- Editions TI: Company specialized on the market of the technical
and Scientific information, intended for the industry and the
education. Editions TI has developed the largest online and
French-language documentary database for engineers, engineering
students, research centers and design offices.

- Editions TISSOT: Company specialized in the legal and regulatory
information market in the fields of social and occupational health
and safety law for employers, staff representatives and accountants.
Editions TISSOT is a leader in the social information market for
construction and develops digital solutions for managing HR
procedures.

- CMT: Company specializing in the market for technical and
regulatory information processing in the chemical industry. CMT is a
market leader in hosting, collection and control solutions of Safety
Data Sheets (SDS)

Additional information:
Dr. Eberhard Opl
Head of Corporate Development
WEKA Holding GmbH & Co. KG
Roemerstrasse 4
D - 86438 Kissing
Phone: +49 / 82 33 / 23 - 431
Fax: +49 / 82 33 / 23 - 195
Mobile: +49 / 1 63 / 4 87 42 32
Mail: Eberhard.Opl@WEKA.de
URL: www.weka-holding.com

Original-Content von: WEKA Holding GmbH & Co KG, übermittelt durch news aktuell