CSM sells part of Unipro to Smilde

02/02/06 CSM has announced the sale of part of the activities of its subsidiary Unipro Nederland to Koninklijke Smilde with immediate effect. The sale prize is EUR 3.6 million. The transaction involves the Unipro activities which are known under the name Jantje de Goede. De Goede produces ready-made patisserie products such as cream horns, flan and gateau bases, and Christmas wreaths.

The book profit is approximately EUR 1.5 million. The turnover from the activities is around EUR 7.5 million. All the factory workers (approximately 60) transfer to the new owner. The (field) staff remains in the employment of Unipro, which will continue to operate in the Netherlands with, amongst others, Waldkorn and Molco, in the segments which are strategically important to CSM.