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Mountain Alliance AG
Regulatory Filings • Feb 20, 2020
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Corporate | 20 February 2020 13:00
Mountain Alliance AG: partial exit with capiton becoming new lead investor at AlphaPet
DGAP-News: Mountain Alliance AG / Key word(s): Disposal/Private Equity
20.02.2020 / 13:00
The issuer is solely responsible for the content of this announcement.
Mountain Alliance AG: partial exit with capiton becoming new lead investor at AlphaPet
Munich, February 20, 2020 – Mountain Alliance AG ( MA , ISIN DE000A12UK08 ) realized a partial exit of its investment in AlphaPet Ventures GmbH.
The sale takes place as part of the entry of the private equity investor capiton as new lead investor in AlphaPet Ventures GmbH. capiton has structured its entry as a combination of a capital increase and a share purchase from existing shareholders. With the funding from the capital increase, capiton is primarily financing the acquisition of Healthfood24 GmbH with the “Wolfsblut” brand at AlphaPet. The closing of the transaction has now been executed.
Mountain Alliance AG continues to hold a stake of just under 2% in AlphaPet Ventures GmbH in order to be able to further participate in the growth opportunities arising from the now strengthened market position of AlphaPet. Payment of the purchase price in the low seven-digit range is expected to be received in March 2020.
About Mountain Alliance AG:
Mountain Alliance AG (MA) (ISIN: DE000A12UK08) is an investment company whose shares are listed in the SME segment m:access of the Munich Stock Exchange and in the Basic Board of the Frankfurt Stock Exchange. As a lean, transparent and experienced investor, the company is dedicated to the industry of the future, in which it has many years of know-how and an excellent network: the digital business. Mountain Alliance AG currently holds portfolio companies in four segments: Technology, Digital Business Services, Digital Retail and Meta-Platforms & Media. Through its listing MA enables its shareholders a simple access to a diversified portfolio of digital assets.
Contact:
Mountain Alliance AG
Manfred Danner
Member of the Management Board
Bavariaring 17
80336 Munich
phone: +49 89 2314141 00
fax: +49 89 2314141 11
e-mail: [email protected]
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Investor Relations
Bahnhofstr. 98
82166 Graefelfing/Munich
phone: +49 89 1250903-30
e-mail: [email protected]
20.02.2020 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: | Mountain Alliance AG |
| Bavariaring 17 | |
| 80336 München | |
| Germany | |
| Phone: | +49 89 231 41 41 00 |
| Fax: | +49 89 231 41 41 11 |
| E-mail: | [email protected] |
| Internet: | www.mountain-alliance.de |
| ISIN: | DE000A12UK08 |
| WKN: | A12UK0 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Munich (m:access), Stuttgart, Tradegate Exchange |
| EQS News ID: | 977719 |
| End of News | DGAP News Service |