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M&A Activity • Dec 18, 2007

News Details

Ad-hoc | 18 December 2007 21:48

CFC Industriebeteiligungen GmbH & Co. KGaA acquires majority stake in delmod international

CFC Industriebeteiligungen GmbH & Co. KGaA / Acquisition

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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• CFC acquires delmod with an annual turnover of approx. € 57 million

• Largest transaction in CFC’s history

• Leading manufacturer of ladies' apparel will be led back towards
  growth

CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund,
today has acquired 84.8 % of delmod international Bekleidungsindustrie GmbH
& Co. Hanse-Kleidung KG for an undisclosed purchase price. The previous
shareholders of the company have decided to retire from their business. The
other shares are held by the Managing Director Michael Starke.

Delmod is among the leading textile manufacturers and local fashion
companies in Germany. The company distributes exclusive classic ladies'
wear under the brands 'delmod' and 'Kim Kara'. Except an own production,
delmod is covering the entire value chain, from design, quality management,
logistics, to marketing and distribution.

The company is headquartered in Delmenhorst, which is located close to
Bremen. In the previous financial year ending March 31st 2007, delmod
realized with approximately 200 employees an annual turnover of roughly €
56.9 million.

By optimizing the sourcing-processes and by implementing changes in the
distribution strategy, CFC is striving to leading delmod back on a
profitable growth track in the near future. In this process the
well-established brand name and the high quality products are considered
being the best premises.

In the history of CFC, delmod has been its largest transaction so far.
Following the acquisition of delmod, CFC’s annualized consolidated revenues
will rise to more than € 150 million.

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Contact:
CFC Industriebeteiligungen GmbH & Co. KGaA
Dr. Frank Nellißen
Chief Financial Officer

Tel: +49 231 95 25 373
eMail: fn@cfc.eu.com

18.12.2007 Financial News transmitted by DGAP

Language: English
Issuer: CFC Industriebeteiligungen GmbH & Co. KGaA
Ruhrallee 9
44139 Dortmund
Deutschland
Phone: +49 (0)231-95 25 373
Fax: +49 (0)231-95 25 45
E-mail: info@cfc-eu.com
Internet: www.cfc-eu.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Stuttgart

End of News DGAP News-Service

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