VITA 34 AG: VITA 34 strengthens biotechnology sector by company takeover and announces change in management board

VITA 34 AG  / Key word(s): Acquisition/Change of Personnel

16.05.2012 17:27

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VITA 34 strengthens biotechnology sector by company takeover and announces
change in management board

Leipzig, May 16, 2012 - The VITA 34 AG (ISIN DE000A0BL849), the oldest
private umbilical cord blood bank in the German-speaking countries takes
over the biotechnology specialist BioPlanta GmbH and announces a change in
the management board. This is the first German takeover made by VITA 34.

Today, VITA 34 has concluded a contribution agreement on the acquisition of
shares in the BioPlanta GmbH. BioPlanta possesses an innovative technology
to produce active herbal ingredients for the environmental and
pharmaceutical sectors. The company, which was founded 20 years ago,
operates on a global basis in Chile, Mexico, Vietnam, China and other
countries. BioPlanta has produced a revenue of about 1.5 million Euros in
2011 and has been working profitably for years. By means of this takeover,
VITA 34 wants to make use of synergies in the biotechnological sector and
extend its value chain, for instance by developing more business segments
also outside of Europe. VITA 34 has been working with BioPlanta since 2011
within the scope of a research project to develop a method to produce
antifreeze proteins in plant bioreactors and their application in the
cryo-preservation of stem cells.

The shares are taken over by means of an increase in capital stock from the
authorized stock of the VITA 34 AG against contributions in kind. For this
purpose, VITA 34 will issue a total of 380,000 new no-par value registered
shares in the company at a nominal share in the company's authorized
capital of EUR 1.00 respectively. The new shares will be exclusively
subscribed for by the current owner of the BioPlanta shares, Dr. André

Dr. med. Eberhard F. Lampeter is going to resign from his position as a
chairman of the management board of the VITA 34 AG and withdraw from the
management board. He will continue to work for the company in the future as
a medical consultant and in all scientific projects of the VITA 34 AG. Dr.
Lampeter has led VITA 34 from its formation to the present-day medical and
scientific reputation and strong market position.

Dr. Gerth will be appointed as a member of the company's management board
with effect from June 1, 2012. He will be responsible for the operational
business and foreign activities of the VITA 34 AG. The 48-year-old founder
and CEO of BioPlanta has many years of experience and expert knowledge in
the field of biotechnology and project management and a broad international
contact network.

Press/ Investor Relations:

Axel Mühlhaus
Peggy Kropmanns
edicto GmbH
Eschersheimer Landstr. 42-44
D-60322 Frankfurt

Phone: +49 (069) 90550550
Fax: +49 (069) 90550577

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Language:     English
Company:      VITA 34 AG
              Deutscher Platz 5a
              04103 Leipzig
Phone:        +49(0341)48792-40
Fax:          +49(0341)48792-39
ISIN:         DE000A0BL849
WKN:          A0BL84
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement                             DGAP News-Service