3. PALSGAARD IN BRIEF Palsgaard develops and manufactures emulsifiers and stabilizers for the food industry. We have production facilities in Denmark, Mexico and the Netherlands, application centres in Denmark, Singapore, China and Mexico, and a sales organisation covering 108 countries worldwide. We also manage a total of 6090 hectares of forest and agricultural land in Denmark, Latvia and Estonia. oRganisaTional chaRT the organisational chart shows, marked in blue, the entities covered by this report. the governance structure and distribution of responsibilities are described in more detail in section 5. figure 2 The schou foundation The schou foundaTion CEO: Birger Brix | Presidum members: R. Christiansen, Jette Baagøe, Ole G. Mouritsen loTTRuP faRm loTTRuP foResTRy PalsgaaRd esTaTe a/s hellebJeRg mill faRm Juelsminde golf couRse Building maintenance Farming and Park caPidea Capital fund Pg esTaTe esTonia Farming, Estonia mezinvesT lTd Forestry, Latvia nexus a/s Research and development Quality control Documentation PalsgaaRd a/s Sales Administration Production Finance Purchasing Subsidiaries and joint ventures hellebJeRg a/s Industrial investments noRdTyskland Real-estate company indusTRiudvikling IInvestments in Danish industries ToTal Wind a/s 4
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