Ad-hoc | 9 June 2010 06:28
NEW VALUE AG / Miscellaneous
09.06.2010 06:28
Dissemination of a Adhoc News, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Investment company New Value (listed at SIX Swiss Exchange, Ticker NEWN)
invests in cleantech firm ZWS Zukunftsorientierte Wärme Systeme GmbH of
Neukirchen-Vluyn, Germany. ZWS is a full range supplier of modern,
renewable energy-based building service systems, such as thermal,
photovoltaic or rainwater recycling systems. New Value will invest EUR 1.5
million in the form of a mezzanine loan for financing growth.
ZWS was founded in the mid 1990s by its two managing partners, Uwe
Zilleckens and Rolf Wolfhagen, as a certified provider of heating systems,
sanitary installations and innovative, future-oriented thermal systems.
Since then, the business has been gradually expanded, with products now
comprising a complete range of modern building service systems, including:
thermal solar systems (water heating, heating system support), photovoltaic
systems, heating (heat pumps, pellet, wood, storage solutions), system
technology (building systems combining different technologies), ventilation
(heat recovery and cooling) and sanitary and rainwater recycling.
In the last several years, the company has focused heavily on duplicatable
sales structures, opening 14 locations in Germany and Austria. ZWS employs
around 60 staff members and has established an additional network of sales
representatives to serve primarily direct customers (new construction and
renovation) and secondarily the installer market. For this reason, ZWS has
developed modular product concepts with high sales appeal. As a system
provider, ZWS outsources the manufacture of its products and sells them
under the ZWS brand or, in some cases, under third party manufacturer
brands. The company develops its own innovative products in cooperation
with manufacturers. Plans call for bringing unique storage solutions,
improved pellet ovens and fuel cells to market in the near future.
New Value will invest EUR 1.5 million in the form of a mezzanine loan. As
part of this fundraising initiative, New Value will provide additional
capital to support the rapid growth of ZWS, whose sales have
risen more than 40% per year in the last three years. By investing in ZWS,
New Value is adding yet another cleantech company to its portfolio. 'With
ZWS, we are supporting a company with a great deal of potential. It offers
energy-efficient, renewable energy-based building system solutions and is
therefore a perfect fit for our portfolio strategy,' says Peter Letter,
Head of Investment Management. 'We expect the market for renewable
energy-based heating systems in Central Europe to grow significantly in the
next 5 years, both in terms of renovations as well as new construction. ZWS
in Germany is excellently positioned and has access to the end market for
solar systems. We wish to take advantage of this potential through sales
cooperation with our portfolio company Solar Industries AG.'
Information about New Value AG
New Value, officially listed at the SIX Swiss Exchange, invests directly in
promising private companies in Switzerland and neighbouring countries with
above-average market and growth potential. As an investment company, New
Value promotes innovative business models with venture capital and
accompanies those to market success. The portfolio covers companies of
different stages of development, starting with the market introduction
phase up to medium-sized enterprises with stable profits. A broad
investment approach is deliberately followed regarding industry sectors.
The portfolio contains companies active in Cleantech and Healthcare. New
Value assigns great value to ethical business concepts and good corporate
governance while selecting their portfolio companies. Criteria such as
meaningfulness, social responsibility and ecological sustainability are
considered by New Value as decisive competitive advantages, which affect
and enhance the quality of products and services offered and thus,
facilitate an above average increase of value potential. Since the
formation of New Value, EPS Value Plus AG, Zurich, has served as investment
manager.
Kontakt:
Marcel Rogenmoser
09.06.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: NEW VALUE AG
Bodmerstrasse 9
8027 Zürich
Schweiz
Phone: +41-43-344 38 38
Fax: +41-43-344 38 39
E-mail: info@newvalue.ch
Internet: www.newvalue.ch
ISIN: CH0010819867
Swiss Security Number: 552932
Listed: Freiverkehr in Berlin, München, Düsseldorf,
Stuttgart; Open Market in Frankfurt; Foreign
Exchange(s) SIX
End of News DGAP News-Service
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