Corporate | 11 February 2005 15:50
bmp acquires 12.5% of TFG Capital AG
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Press release
bmp acquires 12.5% of TFG Capital AG.
Oliver Borrmann and Ralph Günther are appointed to the Management Board of TFG
Berlin, 11. February 2005
bmp AG (Prime Standard, BTBA, ISIN DE0003304200), a leading German venture
capital company, is acquiring 12.5% of the shares of the listed TFG Capital AG
Unternehmensbeteiligungsgesellschaft. This forms the basis for intensive co-
operation between the two companies. The medium-term objective is to create a
stronger link between the two companies.
Alongside the acquisition of the share package from TFG-founder F. Michael
Stallmann, the Managing Directors of bmp, Oliver Borrmann and Ralph Günther,
are being appointed to the Management Board of TFG with immediate effect. They
will realise the agreed reorientation of TFG to its original core business of
venture capital. It is in this connection that F. Michael Stallmann is to
resign from the Management Board at his own request and on the best of terms
with both companies. Gerd Schmitz-Morkramer, member of the Supervisory Board
of bmp, is to be appointed to the Supervisory Board of TFG.
Given that positive development is expected in the European venture capital
market this year, bmp intends to utilise the growth potential on offer
together with TFG. Success factors include the combined expertise of the two
companies in the investment business and the extended financial scope that
will make bmp and TFG a strong unit in the German venture capital market. In
future, Managing Directors Oliver Borrmann and Ralph Günther will be
responsible for more than 50 holdings that promise high earning potential for
the next few years.
The cash positions of the two companies are to be used primarily to further
expand the investment portfolio.
“With this move we can actively utilise the consolidation process in the
sector and significantly expand our market position,” said Oliver Borrmann,
Managing Director of bmp and TFG. “The expected synergy effects open up new
prospects for both companies and their shareholders,” added Ralph Günther,
Managing Director of bmp and TFG.
About bmp AG:
As one of Germany’s leading venture capital companies, bmp directly invests
own funds in holdings and, at the same time, acts as a fund manager for
institutional investors. With experience gained from more than 80 own
holdings, seven stock market flotations as well as more than 20 trade sales
from the portfolio, bmp is one of the most proficient venture capital
companies in Germany and Poland.
For further information
Corinna Riewe
Investor Relations
bmp AG
Alt-Moabit 59-61
10555 Berlin
Tel: 030-20 30 5-567
Fax: 030-20 30 535- 567
email: criewe@bmp.com
Internet: http://www.bmp.com
Axel Mühlhaus
Dr. Sönke Knop
Edicto GmbH
Tel.: 06084-948591
Fax: 06084-948592
EMail: sknop@edicto.de
end of message, (c)DGAP 11.02.2005
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WKN: 330420; ISIN: DE0003304200; Index:
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin-
Bremen, Düsseldorf, Hamburg, München und Stuttgart; Warschau
111550 Feb 05