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MBB SE — Major Shareholding Notification 2011
May 12, 2011
279_rns_2011-05-12_607aedca-49eb-4862-8dc9-364b8374e029.html
Major Shareholding Notification
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News Details
Ad-hoc | 12 May 2011 08:47
MBB Industries AG: MBB buys additional shares of Hanke Tissue
MBB Industries AG / Key word(s): Acquisition/Miscellaneous
12.05.2011 08:47
Dissemination 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.
Berlin, 12 May 2011 - MBB Industries AG (ISIN DE000A0ETBQ4) has acquired a
further stake in Hanke Tissue Sp z o. o. in Küstrin, Poland, so that
economic shareholdings of the MBB Industries at Hanke Tissue Sp z o. o. has
increased from 87.3% to 97.0%. So far the interest was held by long-time
managing director of Huchtemeier Papier GmbH, Wolfgang Schröter, Dortmund.
Both parties agreed not to disclose the purchase price. In mid April 2011
MBB has already increased its economic share ownership of Hanke Tissue from
77.6% to 87.3% within the sale of its share of Huchtemeier Papier. Now the
last remaining sub-participation from 3% is held by Dr. Robert
Szczepkowski, managing director of Hanke Tissue.
Hanke Tissue produces Tissue rolls, serviettes, paper handkerchiefs, toilet
paper and kitchen rolls. With its 'aha' brand Hanke is market leader in the
polish market for tissue serviettes and enjoys a strong competitive
position in Eastern European consumer goods market. The company is also
part of the MBB group since 2006. In 2010 it recorded revenue of around
EUR22m with its almost 250 employees. In the previous years Hanke has made
substantial investments in the expansion of its production and warehouse
capacities.
MBB Industries AG explains the further expansion of Hanke shares with from
her point of view interesting development potentialities of the company.
About MBB Industries AG:
Since 1995, MBB Industries AG has maintained successful holdings in the
form of medium-sized industrial companies with sustainable value growth
potential. The business model is based on a three-pillar structure,
comprising the acquisition of interests at favourable terms, subjecting
them to value enhancing holding management, and releasing them in
high-yield sales. Right from the start, MBB Industries AG has achieved
above-average profitability, and continues to devote its efforts to
attaining unusually high yields in the future.
For further information about MBB Industries AG, please visit
http://www.mbbindustries.com
12.05.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
Language: English
Company: MBB Industries AG
Joachimstaler Strasse 34
10719 Berlin
Deutschland
Phone: +49 (0) 30 844 15 330
Fax: +49 (0) 30 844 15 333
E-mail: [email protected]
Internet: www.mbbindustries.com
ISIN: DE000A0ETBQ4
WKN: A0ETBQ
Indices: PXAP
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, München, Stuttgart
End of Announcement DGAP News-Service