Kemira GrowHow and DLA Agro Group into cooperation in Nordic and Baltic regions.

(From Hugin)

Kemira GrowHow Oyj STOCK EXCHANGE RELEASE 13.9.2005 at 9.30 The Finnish fertiliser company Kemira GrowHow Oyj and the Danish agricultural distributor cooperative DLA Agro Group will start cooperation in the Nordic and Baltic countries. The companies have signed a Letter of Intent to establish a joint venture for sourcing fertilisers. Additionally, in the Baltic countries the DLA Agro Group will acquire 50% of the shares of the Kemira GrowHow's sales and marketing companies. Kemira GrowHow will also join DLA Agro as a member of the cooperative.

The joint fertiliser sourcing company will be owned 50 per cent by Kemira GrowHow and 50 per cent by …