Ad-hoc | 9 December 2014 10:35
edding Aktiengesellschaft / Key word(s): Investment
09.12.2014 10:35
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
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The issuer is solely responsible for the content of this announcement.
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AD HOC - ANNOUNCEMENT_____________________
In accordance with § 15 WpHG (German Securities Trading Act)
edding Group acquires minority interest in Brazilian OPI manufacturer
As of December 3rd, 2014 edding controls approx. 21% of the share capital
of the Brazilian office products manufacturer Companhia de Canetas
Compactor S.A., Rio de Janeiro. The agreed price for the transfer of the
package is 3.3m Euro.
Compactor is one of the largest players within the Brazilian market for
writing instruments and markers. Through this transaction we aim to further
strengthen our competitive position in Latin America. Besides Europe, this
region is the most important market for edding.
In FY 2013 Compactor generated net revenues of approximately 27.8m Euro and
a net profit of 1.2m Euro. Compactor's equity ratio is 70% and its balance
sheet shows total assets of 41.9m Euro.
Contact: Sönke Gooss (CFO) Tel. +49 4102 808 200, E-Mail:
investor@edding.de, Fax +49 4102 808 204.
Ahrensburg, 08 December 2014
Management Board
- end of announcement -
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Language: English
Company: edding Aktiengesellschaft
Bookkoppel 7
22926 Ahrensburg
Germany
Phone: +49 (0)4102 8080
Fax: +49 (0)4102 808 204
E-mail: info@edding.de
Internet: www.edding.de
ISIN: DE0005647937, DE0005647903
WKN: 564793, 564790
Listed: Regulierter Markt in Hamburg; Frankfurt in Open Market
End of Announcement DGAP News-Service
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