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Gigaset AG

M&A Activity Jul 20, 2009

183_rns_2009-07-20_c28927a0-6a1d-43ac-9685-5809c95cb2fa.html

M&A Activity

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News Details

Corporate | 20 July 2009 08:05

ARQUES Industries AG sells its shares in tiscon AG

ARQUES Industries AG / Disposal

Release of a Corporate News, transmitted by DGAP - a company of EquityStory
AG.
The issuer / publisher is solely responsible for the content of this announcement.


ARQUES Industries AG sells its shares in tiscon AG

Starnberg, July 20, 2009. ARQUES Industries AG (ISIN DE0005156004),
Starnberg (Germany), has sold its shares in tiscon AG. Until now ARQUES
owned approximately 60% of the shares in tiscon AG. The buyers of the
shares are KCK Association (Russia) and other investors. KCK Association is
represented in Germany by GreenGold AG and KCK Ökologie GmbH, Berlin. The
buyers will actively continue the strategic and operational development of
tiscon AG and its subsidiaries. tiscon AG will benefit specifically from
the new shareholder's excellent network within the Eastern European growth
markets. The parties agreed not to disclose the contractual details of the
transaction.

ARQUES incorporated COS Distribution, Avitos and Topedo, acquired in
December 2006 and primarily operational in the IT distribution segment,
into tiscon AG. The acquisition of Chikara in February 2007 opened up a
further IT sales market with large consumer retailers. Under its own store
brand, the subsidiary Topedo offers PC systems and servers which are series
produced or manufactured according to customers' specifications. The
business is strengthened with store brands, in particular by the purchase
of the 'Typhoon' brand.

About ARQUES
ARQUES Industries AG, Starnberg (www.arques.de), is a partner for major
corporations in corporate spin-offs and a turnaround specialist
concentrating on the acquisition and active restructuring of companies in
crisis situations in order to turn them into competitive and profitable
companies with a dedicated team and their own efforts. ARQUES revitalizes
its subsidiaries' potential for adding value for the benefit of all of
their stakeholders under consideration of the associated social
responsibility. The shares of ARQUES Industries AG are traded on the
Frankfurt Stock Exchange's Regulated Market (Prime Standard) under the
symbol 'AQU' (ISIN: DE0005156004) and have been listed in the
SDAX.

ARQUES Industries AG
Corporate Communication
Christian Schneider
Email: [email protected]

Tel.: +49 (0) 8151/ 651 0

20.07.2009 Financial News transmitted by DGAP

Language: English
Issuer: ARQUES Industries AG
Münchner Str. 15a
82319 Starnberg
Deutschland
Phone: +49 (0)8151 651-0
Fax: +49 (0)8151 651- 500
E-mail: [email protected]
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Hamburg, Stuttgart

End of News DGAP News-Service


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