DGAP-News: Hawesko Holding AG / Key word(s): Takeover Hawesko Holding AG acquires Austrian market leader WEIN & CO 27.07.2018 / 14:08 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Hawesko Holding AG acquires Austrian market leader WEIN & CO Hamburg, 27 July 2018. Hawesko Holding AG (HAW, HAWG.DE, DE0006042708) signed an agreement today to acquire 100% of WEIN & CO Handelsgesellschaft m.b.H., Vösendorf/Austria. With this step the Hawesko Group will extend beyond its existing wholesale activities in Austria, running successfully for 20 years under the Wein Wolf brand, with a company in the end-customer segment. WEIN & CO is a leading supplier of high-quality wines and champagnes in Austria and achieved EUR 43 million in sales in fiscal year 2016/17. The company thus fits ideally in the premium brand community of the Hawesko Group and will remain an independent brand. Thorsten Hermelink, Chief Executive Officer of Hawesko Holding AG, commented, "WEIN & CO is the ideal strategic partner and fits perfectly in our portfolio of strong, independent brands. The takeover of WEIN & CO is an important milestone on our path to gain a stronger foothold abroad." Heinz Kammerer, the founder of WEIN & CO, commented, "Over the past 25 years, WEIN & CO has developed into one of the most successful fine wine concepts and is the clear market leader in Austria. I'm very proud of what we've achieved. Now, however, it's time to pass the baton to a new generation. With Hawesko, one of the most experienced and most successful wine traders in Europe is taking a stake in WEIN & CO and I am certain that it is the ideal partner for a long-term and sustainably successful future for the company." Together, Hawesko and the management of WEIN & CO will continue to develop the brand, position it for the future and utilise the potential of WEIN & CO for international expansion and e-commerce. The realignment begun under the founder and former owner Heinz Kammerer with the goal of increasing profitability will be continued on a consistent basis. Thorsten Hermelink commented, "Heinz Kammerer will support the development of a growth strategy with his immense expertise, his comprehensive market knowledge and excellent relationships in a consultative role." The initial consolidation of WEIN & CO is expected to take place at 1 October 2018. The Hawesko management board reckons with non-recurring integration costs in the amount of a mid-range, single-digit million-euro figure, which has not yet been included in the planning for 2018. The transaction is subject to the approval by the relevant regulatory authorities as well as to other customary terms of conclusion. The conclusion of the transaction is expected at the beginning of the fourth quarter of 2018. Confidentiality has been agreed with regard to disclosure of the financial details. # # # Hawesko Holding AG is a leading supplier of premium wines and champagnes. In fiscal year 2017, the Group achieved sales of EUR 507 million and employed 954 persons in the company's three sales channels: omnichannel (Jacques' Wein-Depot), B2B (Wein Wolf and CWD Champagner- und Wein-Distributionsgesellschaft) and digital (particularly Hawesko.de and Vinos.de). The shares of Hawesko Holding AG are listed on the Hanseatic Stock Exchange in Hamburg as well as in the prime standard segment of the Frankfurt Stock Exchange. Publisher: Hawesko Holding AG Elbkaihaus Grosse Elbstrasse 145d 22767 Hamburg Germany Internet: hawesko-holding.com (Company information) hawesko.de (Online shop) jacques.de (Jacques' Wein-Depot information and online shop) vinos.de (Spanish wines sold through Wein & Vinos) wirwinzer.de (German wines directly from the producers) Press and Investor Relations: Thomas Hutchinson Phone: +49 (0)40 30 39 21 00 Fax +49 (0)40 30 39 21 05 E-mail: [email protected] --------------------------------------------------------------------------- 27.07.2018 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 --------------------------------------------------------------------------- Language: English Company: Hawesko Holding AG Große Elbstraße 145 d 22767 Hamburg Germany Phone: +49 40 30 39 2100 Fax: +49 40 30 39 2105 E-mail: [email protected] Internet: www.hawesko-holding.com ISIN: DE0006042708 WKN: 604270 Listed: Regulated Market in Frankfurt (Prime Standard), Hamburg; Regulated Unofficial Market in Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 708595 27.07.2018