AI assistant
Sonae SGPS — M&A Activity 2015
Jul 3, 2015
1901_iss_2015-07-03_72b263d9-ba84-488d-b7cd-bec0c885db43.pdf
M&A Activity
Open in viewerOpens in your device viewer
SONAE INDÚSTRIA, SGPS, S.A. Publicly Traded Company Registered Office: Lugar do Espido, Via Norte, Maia Share Capital: € 812,107,574.17 Registered at the Commercial Registry of Maia Registration and Tax Nº 506 035 034
PRIVILEGED INFORMATION Sale of Darbo SAS
Sonae Indústria, SGPS, S.A. ("Sonae Indústria") announces that its affiliates, Tafisa France SAS and Taiber, Tableros Aglomerados Ibéricos, SL, sold, on the present date, 100% of the Share Capital of Darbo SAS (owner of Linxe plant, located in France) to an affiliate of GRAMAX CAPITAL, a Swiss-German based private investment group.
The present transaction is estimated to have a negative impact of approximately four million Euros on the consolidated shareholders' funds of Sonae Indústria.
With this transaction, Sonae Indústria concludes the process of selling all assets that had been considered as discontinued operations at the end of 2014.
After completion of the planned optimization of its industrial footprint, Sonae Industria will now be firmly focused on achieving both operational excellence and a much higher market and customer orientation, aimed at creating more value for its customers and the company.
Maia, 3 July 2015
The Representative for Relations with Capital Markets and CMVM,
(Christopher Lawrie)
______________________________
Sonae Indústria, SGPS, SA Lugar do Espido Via Norte Apartado 1096 4470-177 Maia Portugal Phone: (+351) 22 010 04 00 Fax: (+351) 22 010 04 36
Media Joana Castro Pereira Phone: (+351) 220 100 403 [email protected] Investor Relations António Castro / Sílvia Saraiva Phone: (+351) 220 100 655 [email protected]