After raising the standard conditions linked to such operations, and recording the completion of the related administrative and regulatory formalities, the Polish Ministry of the Treasury confirmed the privatization of ZPOW Pektowin SA (Pektowin) in favor of Naturex, on January 11th, 2012. The definitive acquisition of Pektowin was then signed on the same day with the Polish Industrial Development Agency, for an enterprise value of about €8.4 million.