25.06.2018
Delticom AG DE0005146807
DGAP-News: Delticom AG examines strategic options for its e-commerce activities in North America
DGAP-News: Delticom AG / Key word(s): Strategic Company Decision
Delticom AG examines strategic options for its e-commerce activities in
North America
25.06.2018 / 08:28
The issuer is solely responsible for the content of this announcement.
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Delticom AG examines strategic options for its e-commerce activities in
North America
Hanover, 25 June 2018 - Delticom AG (German Securities Code (WKN) 514680,
ISIN DE0005146807, ticker symbol DEX), Europe's leading online retailer of
tyres and automotive accessories as well as efood specialist and expert in
the field of efficient warehouse logistics, is currently examining strategic
options for its e-commerce activities in North America.
Online tyre trading to private and business customers in North America is
carried out via the web shops tires-easy.com, giga-tires.com and
tires-easy.ca under the umbrella of Delticom North America Inc. in which
Delticom AG holds a 75 % stake. The online tyre business in North America is
growing strongly. In the past fiscal year, our subsidiary in North America
succeeded in increasing its revenues by almost 50 % compared to the previous
year. Delticom North America Inc. offers its customers a wide range of tyres
from the top selling, brand name tyres, to less popular discount brands, and
inexpensive tyres to suit any budget. Online-buyers from tires-easy.com
benefit from fast delivery, free road hazard insurance on passenger and
truck tyres, and a 45 days money back guarantee.
Delticom AG considers alternative development paths for Delticom North
America Inc. and is in discussions with a selection of potential investors
and market participants with regards to its e-commerce activities in North
America. Delticom AG's management will make an unbiased decision regarding
its future activities in North America after analysing various strategic
options.
Company profile:
Delticom AG is an e-commerce company operating primarily in Europe and North
America. It specialises in the design and operation of online shops,
Internet-based customer acquisition, internet marketing, developing partner
networks and complex, highly efficient product picking and distribution
logistics.
Delticom AG is the leading online distributor of tyres and automotive
accessories. Our product range also includes the online second-hand vehicle
trade and efood. Delticom has extensive experience in creating shops for the
international market and in transnational E-Commerce. In addition to design,
Delticom also provides product descriptions and a comprehensive customer
service program in your national language. Establishing efficient
warehousing and logistics processes is utilised not only in selling tyres,
used vehicles and online grocery shopping, but is also offered to third
parties as an additional service.
Since its establishment in Hanover, Germany in 1999, the company has accrued
exceptional expertise in designing efficient, fully integrated internal
ordering and logistics processes. The company owns its own warehouses,
including a fully automated small item warehouse.
In 2017, Delticom AG generated sales in excess of EUR 667 million. The
E-Commerce specialist operates in 72 countries with over 453 online shops
and online distribution platforms, serving over 12.2 million customers. The
range of tyres offered to retail and commercial customers includes over 100
brands and more than 25,000 models for cars, motorbikes, trucks, utility
vehicles, buses and complete wheel sets. Customers are also able to have the
ordered products sent to one of the 43,000 service partners of Delticom AG
around the world.
Our range also encompasses over 300,000 automotive parts and accessories,
including motor oils, snow chains and batteries. Entry into the business of
online used car selling has rounded off the automotive offering. In this
sense, Delticom AG has developed from a classic online retailer to an online
solutions provider. Delticom AG also now offers a comprehensive range of
around 20,000 different food items.
On the Internet at: www.delti.com
Contact:
Delticom AG Investor Relations
Melanie Gereke
Brühlstraße 11
30169 Hannover
Tel.: +49(0)511-936 34-8903
Fax: +49 (0)89-208081147
e-mail: [email protected]
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25.06.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Delticom AG
Brühlstraße 11
30169 Hannover
Germany
Phone: +49 (0)511 93634 8000
Fax: +49 (0)511 33611 655
E-mail: [email protected]
Internet: www.delti.com
ISIN: DE0005146807
WKN: 514680
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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698205 25.06.2018
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E-Commerce , 514680 , DEX , XETR:DEX