Royal Wessanen has indicated its intention to acquire the remaining 0.4% of shares in French subsidiary Distriborg Groupe, bringing its holding in the group to 100%.

 

The executive board of the Netherlands-based natural and specialty food group said that Distriborg has requested Euronext Paris to suspend the trading of its shares in anticipation of a public offer.

Wessanen said it intends to make a public offer for the shares it does not already hold, following the acquisition of another 9.9% of its shares as announced on 2 September.