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COBEPA INVESTMENT SUPPORTS CONTINUED GROWTH OF JF HILLEBRAND GROUP

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COBEPA INVESTMENT SUPPORTS CONTINUED GROWTH OF JF HILLEBRAND GROUP

Written by Sue Terpilowski

Wednesday, 15 November 2006

International equity provider COBEPA has purchased 40% of the share capital of
JF Hillebrand Group, the world leader provider of logistic services to the beverage industry. Headquartered in Mainz Germany, Hillebrand employs 950 persons in 36 offices located in 22 countries. The Group reported € 500 million turnover in 2005.

Announcing the restructuring of the corporate ownership, JF Hillebrand Chief Executive Gerard Desbois said: “We are pleased to announce that after a few months of discussions we have been able to accommodate our historical shareholders in their desire to sell part of their Group shares.
“The finalisation of this project clearly highlights the high level of attraction our company represents for long-term investors, as well as their confidence in our growth potential and our existing business model.”
The legal structure of JF Hillebrand, as well as its present organisation, remains unchanged with the exception of the supervisory board which will be extended from three to six members. The remaining 60% shareholding is split equally between Mitsui OSK Lines and family management.
Brussels-based COBEPA is a private investment company owned by several large European industrial families and its philosophy is to invest together with families and management shareholders. As a shareholder, COBEPA will support the continued development of JF Hillebrand Group, which perfectly fits with its long term vision.
Focussed on investment in companies with long-term growth perspectives, COBEPA is looking forward to developing a fruitful relationship with JF Hillebrand, supporting the company’s growth within the international beverage logistics sector.

NOTE TO EDITORS
For additional information, please refer to our websites: www.jfhillebrand.com and www.cobepa.com

JF Hillebrand is dedicated to the efficient and cost-effective logistics of wines, spirits and beers. With over 160 years experience and 850 professionals in 45 offices worldwide and 30 highly professional Agents, JF Hillebrand delivers in-depth stock and ordering intelligence and guarantees full supply-chain visibility.
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