06.07.2018
HELLA GmbH & Co. KGaA DE000A13SX22
DGAP-Adhoc: HELLA GmbH & Co. KGaA is selling its Danish and Polish wholesale companies, FTZ Autodele & Verktoj A/S ('FTZ') and Inter-Team sp. z o.o. ('Inter-Team'), to the Swedish wholesaler, Mekonomen AB.
DGAP-Ad-hoc: HELLA GmbH & Co. KGaA / Key word(s): Disposal
HELLA GmbH & Co. KGaA is selling its Danish and Polish wholesale companies,
FTZ Autodele & Verktoj A/S ('FTZ') and Inter-Team sp. z o.o. ('Inter-Team'),
to the Swedish wholesaler, Mekonomen AB.
06-Jul-2018 / 07:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Lippstadt, Germany, 6 July 2018. HELLA GmbH & Co. KGaA is selling its Danish
and Polish wholesale companies, FTZ Autodele & Verktoj A/S ('FTZ') and
Inter-Team sp. z o.o. ('Inter-Team'), to the Swedish wholesaler, Mekonomen
AB. A corresponding agreement has been signed today by both companies. In
addition to the purchase price of 395 million euros, a consideration
equivalent to cash flows generated from 30 Nov 2017 to completion of the
transaction will be paid to the seller. The sale is subject to approval by
the relevant antitrust authorities.
FTZ and Inter-Team are currently part of the "Nordic Forum" which includes
also HELLA's wholesale activities in Norway ("HELLAnor") as well as its
e-commerce business ("UCANDO"). HELLAnor and UCANDO remain with the HELLA
Group.
---------------------------------------------------------------------------
06-Jul-2018 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English
Company: HELLA GmbH & Co. KGaA
Rixbecker Str. 75
59552 Lippstadt
Germany
Phone: +49 (0)2941 38-7125
Fax: +49 (0)2941 38-6647
E-mail: [email protected]
Internet: www.hella.de/ir
ISIN: DE000A13SX22
WKN: A13SX2
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich,
Stuttgart; Regulated Unofficial Market in Berlin,
Dusseldorf, Tradegate Exchange; Luxembourg Stock Exchange,
,
End of Announcement DGAP News Service
---------------------------------------------------------------------------
702197 06-Jul-2018 CET/CEST
|
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu
HELLA GmbH & Co. KGaA ISIN: DE000A13SX22 können Sie bei EQS abrufen
Automobilzulieferer , A13SX2 , HLE , XETR:HLE