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FinLab AG — Share Issue/Capital Change 2007
Jun 6, 2007
5396_rns_2007-06-06_7f6ac94c-d0a4-4414-a541-f8ad776b28f4.html
Share Issue/Capital Change
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Corporate | 6 June 2007 11:59
Altira AG strengthens its Private Equity division
Altira AG / Miscellaneous
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.
++ Altira strengthens its Private Equity division
CFC Industriebeteiligungen GmbH & Co. KGaA, in whose general partner Altira
has a 75% stake, yesterday successfully placed a capital increase from
authorized capital and generated a total of EUR 9.30 million. With this
step, Altira is strengthening its Private Equity division, doubling the
fee-generating assets in the Turnarounds and Restructuring segment
represented by CFC.
CFC (www.cfc.eu.com) is a private equity company specialising in acquiring
and restructuring medium-sized companies in turnaround situations.
Investments are made only in companies which have a healthy company core,
despite the crisis situation. The central decision-making criterion for a
takeover is generally the so-called '100-day' plan - before a transaction
is made, it must be clearly evident that within three months after the CFC
entry appropriate measures will have been taken to eliminate the crisis and
to set the course for sustained profitable growth.
Particularly with the Private Equity division, Altira generates not only
profit for its shareholders and investors in the funds managed, but also
makes a key contribution to creating jobs, thus playing its part in
securing Germany as a location. Currently more than 2;500 people work in
companies financed by Altira. The Turnaround and Restructuring segment
represented by CFC employs approximately 460 of them.
Altira AG
Juan Rodriguez
Head of Investor Relations
Grüneburgweg 18
60322 Frankfurt am Main
Tel.: +49 (0)69 - 719 159 66-405
Fax: +49 (0)69 - 719 159 66-303
E-mail: [email protected]
DGAP 06.06.2007
Language: English
Issuer: Altira AG
Grüneburgweg 18
60322 Frankfurt / Main Deutschland
Phone: +49 (0)69 713 7588 - 12
Fax: +49 (0)69 713 7588 - 11
E-mail: [email protected]
www: www.altira-ag.de
ISIN: DE0001218063
WKN: 121806
Indices:
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, Stuttgart; Entry
Standard in Frankfurt
End of News DGAP News-Service