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 and Mexico, and a sales organisation covering 98 countries worldwide. We also manage a total of 6090 hectares of forest and agricultural land in denmark, latvia and estonia. Production volume at Palsgaard a/s has increased on average 12.0% a year since 1997. 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 | Presidium members: R. Christiansen, Jette Baagøe, Ole G. Mouritsen loTTRup faRM loTTRup foResTRy palsgaaRd esTaTe a/s hellebJeRg Mill faRM JuelsMinde golf club building maintenance Farming and Park Purchasing capidea Capital fond 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 subsidiaries and joint-ventures hellebJeRg a/s industrial investments noRdTyskland real-estate company indusTRiudvikling investments in danish industries ToTal Wind a/s 4
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