27.07.2018
Hawesko Holding AG DE0006042708
DGAP-Adhoc: Hawesko Holding AG acquires Austrian market leader WEIN & CO
DGAP-Ad-hoc: Hawesko Holding AG / Key word(s): Takeover
Hawesko Holding AG acquires Austrian market leader WEIN & CO
27-Jul-2018 / 14:04 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.
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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.
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.
# # #
Published by:
Hawesko Holding AG
Elbkaihaus
Große Elbstraße 145d
22767 Hamburg, Germany
Presse- und Investor-Relations-Kontakt:
Thomas Hutchinson
Tel. (+49 40) 30 39 21 00
Fax (+49 40) 30 39 21 05
E-Mail: [email protected]
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27-Jul-2018 CET/CEST 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: 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 Announcement DGAP News Service
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708661 27-Jul-2018 CET/CEST
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