September 06, 2012

06/09/12: Intersystems; Nutreco; Exosect

Hello, 
Today we have a company update themed daily digest.  

  • Intersystems announces plans to add 35,000 square feet of manufacturing space to the company’s Omaha, Nebraska facility, a decision necessary in order to meet growing demand for the company’s products.

    Intersystems designs and manufactures material handling, sampling and weighing equipment used in grain, feed and processing facilities worldwide. Intersystems has experienced tremendous growth in recent years as a result of outward dedication to customer’s needs.  More information...
  • Exosect’s  bio-pesticide for tackling post-harvest food waste and insecticide residues has been shortlisted for the Agrow Awards.  Read more... 
  • Nutreco has successfully amended its EUR 500 million syndicated loan facility. The maturity of this revolving credit facility has been extended from May 2014 to September 2017. In addition, the interest and fee conditions have been improved. 

    Gosse Boon, CFO and member of Nutreco's Executive Board: "The extension of the syndicated loan facility follows the successful issuance of a USD 250 million private placement in July 2012, which together provide further support to the execution of our strategy 'Ambition 2016 - driving sustainable growth'. The transaction was well oversubscribed and has been closed with a newly formed syndicate of existing and new international relationship banks."
    More information...
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English: Nutreco logo Nederlands: Nutreco logo
English: Nutreco logo Nederlands: Nutreco logo (Photo credit: Wikipedia)

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