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Unieuro — M&A Activity 2017
May 17, 2017
4262_tar_2017-05-17_010031f0-6a0d-4cd3-98b5-ecd4a2a86804.pdf
M&A Activity
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| Informazione Regolamentata n. 1944-27-2017 |
Data/Ora Ricezione 17 Maggio 2017 19:44:15 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | UNIEURO | |
| Identificativo Informazione Regolamentata |
: | 89741 | |
| Nome utilizzatore | : | UNIEURON04 - Moretti | |
| Tipologia | : | 3.1 | |
| Data/Ora Ricezione | : | 17 Maggio 2017 19:44:15 | |
| Data/Ora Inizio Diffusione presunta |
: | 17 Maggio 2017 19:44:16 | |
| Oggetto | : | Unieuro S.p.A.: Closing for the acquisition of Andreoli stores finalized |
|
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
UNIEURO S.P.A.: CLOSING FOR THE ACQUISITION OF ANDREOLI STORES FINALIZED
Forlì, 17 May 2017 – Unieuro S.p.A. (MTA: UNIR), the largest omnichannel distributor of consumer electronics and household appliances by number of outlets in Italy, today completed the closing for the acquisition of a business unit belonging to Andreoli S.p.A., which had entered into a settlement with creditors in insolvency procedures. The deal was announced on 18 April 2017.
The acquired chain includes 21 direct stores mainly located inside shopping malls and whose size ranges from 1,200 to 1,500 square meters; the chain operated under the Euronics brand in Southern Lazio, Abruzzo and Molise, generating retail sales for approximately 94 million euros in fiscal year 2015, with a positive profitability, and employing over 300 headcounts.
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For the transmission, storage and filing of the Regulatory Information to be made public, Unieuro S.p.A. chose to use the platforms "eMarket SDIR" and "eMarket STORAGE" managed by Spafid Connect S.p.A., with offices in Foro Buonaparte 10, Milan.
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Mr. Italo Valenti, Chief Financial Officer, hereby declares that, pursuant to and in accordance with Article 154-bis, paragraph 2, of Legislative Decree No. 58 of 1998, the information contained in this press release matches the company's documentation, books and accounting records.
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Unieuro S.p.A.
Unieuro S.p.A. – with a widespread network of 460 outlets throughout the country, including direct stores (180) and affiliated stores (280), and its digital platform unieuro.it – is now the largest omnichannel distributor of consumer electronics and household appliances by number of outlets in Italy. Unieuro is headquartered in Forlì and has a logistics hub in Piacenza. It has more than 3,900 employees and revenues that exceeded € 1.6 billion for the year ending 28 February 2017.
For information:
Investor Relations Media Relations
Italo Valenti iCorporate CFO & Investor Relations Officer Arturo Salerni +39 0543 776769 +39 335 1222631 [email protected] Rita Arcuri
Andrea Moretti [email protected] Investor Relations Manager +39 335 5301205 +39 0543 776769 [email protected]
+39 333 2608159