The Board of Directors of Fagron NV has decided to no longer give priority to a takeover process and instead give its full attention to its discussions with financing banks and a possible public or private capital increase. The talks with the banks are progressing constructively and Fagron expects to be able to make further announcements on this matter shortly. In light of the outcome of this strategic analysis the current CEO, Ger van Jeveren, has decided to resign and is stepping down as managing director and CEO of Fagron with immediate effect.

The Board of Directors has decided unanimously, on the advice of the nomination and remuneration committee, to appoint Hans Stols, a current independent director of Fagron, as CEO with immediate effect.