Private Equity makes further growth for SEKEM possible

Peter Blom, Vorstandsvorsitzender Triodos bank, Helmy Abouleish, managing director SEKEM Group, and Thomas Jorberg, chairman of the board GLS bank, decide the new partnership symbolically by hand impact. (openPR) - Nuremberg, 19 February 2007. GLS bank and Triodos bank take part in SEKEM - a model for the development of the biological agriculture and market leader for biological food and Phytopharmaka - and continue with it the strategic and long-term partnership. In the future closer co-operation was contractually decided in the framework that bio subject 2007. GLS bank and Triodos bank receive one seat each in the supervisory board.

GLS bank and Triodos bank enter with scarcely 20 per cent into the SEKEM group, Egypt. The sum of the participation in the form of shares amounts to approximately 2.5 million euro per bank. Both are already connected for several years with SEKEM and their part to the fact contributed that SEKEM is today a healthy, holistic business concern, which grew during the last ten years exponentially. Helmy Abouleish stressed, it the begrüße new form of co-operation: „Both banks specialized in the range „green money “. The holistic concept of their financing offers have and also in the future a central role for us will play, because to us all concerns it more - than only money. “

Thomas Jorberg, chairman of the board of the GLS bank, begrüßte the entrance of the two prominent banks for ecological, social and lasting financings: „We are proud that we deepen our co-operation and now also completely directly with the enterprise SEKEM are connected. “Peter Blom, executive committee chairman Triodos bank, added: „SEKEM shows that an enterprise can successfully be carried by different partners. We together make growth possible beyond the borders. “

In the course of the yearly further financial programmes are carried out. Thus GLS bank and Triodos bank in increased Maße contribute to the planned Investionen at a value of approximately 25 million in the next years.

Press contact:
GLS bank
Christof Lützel
Christstr. 9, 44789 Bochum
Telephone: +49 (0) 234 57 97 178
Mobil: +49 (0) 173,278 69 63
E-Mail: christof.luetzel@gls.de

Triodos bank
Thomas Steiner
Utrechtseweg 60, NL 3700 STARTING FROM Zeist
Telephone: +31 (0) 30,693 65 20
Mobil: +31 (0) 6,534 88813
E-Mail: thomas.steiner@triodos.nl

Over the GLS bank
The GLS bank with seat in Bochum and branches in Freiburg, Stuttgart, Hamburg and Frankfurt abeitet country widely and finances excluding ecological, social and lasting projects. One of the most important elements of the bank work is complete transparency, also in the credit range. In the free company magazine „bank mirrors “can along-pursue the customers and customers, who projects are financed.

The GLS bank does not only offer all offers usual in banking such as investment of funds, Darlehensfinanzierung, unit trust fund, current accounts and participation, but has also a special donation and donation range. The entire volume of business of the GLS bank inclusive donation, Beteiligungskaktiengesellschaft and fund amounted to for the end of the yearly 2006 approximately 856 million euro, it financed approximately 4,000 projects and the number of customers rose clearly to now 52,000.
More information under: www.gls.de

Over the Triodos bank:
Since the establishment in the year 1980 the Triodos bank pursues lasting, social and financial goals according to „the three-way principle “: the consideration of the interests of humans, environment and economics. It is an innovative, driving Kraft in the lasting banking transaction with locations in the Netherlands, Belgium, Great Britain, Spain and Germany. The Triodos bank finances enterprises, which are ecologically, social and culturally engaged. The Triodos bank offers short, central and long-term credits and project financings and is active for more than 10 years also into private Equity. The balance sheet total of the Triodos bank group of inclusive funds amounts to approx. 3 billion euro, them finances 4,000 projects within the range business customer and cares for in Europe approximately 120,000 private customers.
More information under: www.triodos.com and www.triodos.de

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