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Unieuro — M&A Activity 2019
Mar 1, 2019
4262_tar_2019-03-01_e35d5fdf-1e6b-4745-8237-0ff54359e9b4.pdf
M&A Activity
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| Informazione Regolamentata n. 1944-10-2019 |
Data/Ora Ricezione 01 Marzo 2019 12:25:24 |
MTA - Star | |
|---|---|---|---|
| Societa' | : | UNIEURO | |
| Identificativo Informazione Regolamentata |
: | 114524 | |
| Nome utilizzatore | : | UNIEURON04 - Moretti | |
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 01 Marzo 2019 12:25:24 | |
| Data/Ora Inizio Diffusione presunta |
: | 01 Marzo 2019 12:25:25 | |
| Oggetto | : | Unieuro S.p.A.: Closing for the acquisition of 12 Pistone (Expert) stores in Sicily finalized |
|
| Testo del comunicato |
Vedi allegato.
PRESS RELEASE
UNIEURO S.P.A.: CLOSING FOR THE ACQUISITION OF 12 PISTONE (EXPERT) STORES IN SICILY FINALIZED
Forlì, 1 March 2019 - Unieuro S.p.A. (MTA: UNIR), the leading omnichannel distributor of consumer electronics and appliances by store count in Italy, today finalized the acquisition of 100% of the share capital of Carini Retail S.r.l., a company formerly owned by Pistone S.p.A. (one of the largest members in Italy of the Expert buying group), and the owner of a business unit consisting of 12 stores in Sicily.
After meeting the relevant suspensive conditions and in accordance with what was announced on 15 January, Unieuro has thus increased its total sales area by 25,000 sqm, thus reaching 370,000 sqm, and will be benefitting from an incremental turnover estimated at around € 140 million.
In conjunction with the closing, Unieuro proceeded to pay the first tranche of € 6 million out of a total price of € 17.4 million. The next two tranches will be paid after 12 months from today (€ 6 million) and after a further 12 months (€ 5.4 million).
Unieuro S.p.A. has chosen to use the "eMarket SDIR" and "eMarket STORAGE" platforms managed by Spafid Connect S.p.A., with offices at Foro Buonaparte 10, Milan, for the transmission, storage and filing of Regulatory Information made public.
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Mr Italo Valenti, the manager responsible for preparing the company's accounting documents, 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.
Listed on the STAR segment of the Italian Stock Exchange, Unieuro is now the largest omnichannel distributor of consumer electronics and household appliances with a widespread network of over 500 stores throughout the country, including direct stores (about 250) and affiliated stores (about 270), its digital platform unieuro.it as well as the e-tailer Monclick. The Company is headquartered in Forlì and has a logistics hub in Piacenza. It has about 5,000 employees and revenues that approached € 1.9 billion for the fiscal year ended 28 February 2018. www.unieurospa.com
Contacts:
Investor Relations Media Relations
Andrea Moretti iCorporate Investor Relations & Corporate Communications Director
+39 335 5301205 Elisa Piacentino
[email protected] [email protected]
Arturo Salerni +39 335 1222631
+39 0543 776769 +39 366 9134595