Delticom AG / Key word(s): Acquisition
16.09.2013 09:59
Dissemination of an Ad hoc announcement according to 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Online Tyre Dealer Delticom AG acquires Tirendo Holding GmbH
Hannover, 16 September 2013 - Delticom AG (WKN 514680, ISIN DE0005146807,
stock market symbol DEX) has today signed an agreement with the
shareholders of Tirendo Holding GmbH to purchase all shares in the
Berlin-based online tyre retailer and its subsidiaries. The purchase price
including acquired shareholder loans amounts to around EUR 50 million. The
acquisition was funded with cash and credit lines.
Tirendo is a fast growing and innovative online tyre dealer. The
acquisition will further strengthen the position of Delticom as the
European market leader.
Company profile:
Delticom, Europe's leading online tyre retailer, was founded in Hanover in
1999. With more than 100 online shops in 42 countries, the company offers
its private and business customers an unequalled assortment of excellently
priced car tyres, motorcycle tyres, bicycle tyres, truck tyres, bus tyres,
special tyres, rims, complete wheels (pre-mounted tyres on rims), selected
replacement car parts and accessories, motor oil and batteries. The
independent website reifentest.com contains impartial information about
tyre tests and helps the customers choose from more than 100 tyre brands
and more than 25,000 tyre models. Delticom delivers either directly to the
customer's home address, or to one of more than 30,000 service partners -
affiliated garages which take delivery of tyres and then install these on
the customer's vehicle. Delticom's Wholesale division also sells tyres to
wholesalers domestically and abroad.
On the Internet at: www.delti.com
Selected online shops: www.reifendirekt.de, www.123pneus.fr,
www.mytyres.co.uk, www.reifendirekt.ch
Contact:
Delticom AG Investor Relations
Melanie Gereke
Brhlstrae 11
30169 Hannover
Tel.: +49(0)511-936 34-8903
Fax: +49 (0)89-208081147
e-mail: melanie.gereke@delti.com
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Language: English
Company: Delticom AG
Brhlstrae 11
30169 Hannover
Germany
Phone: +49 (0)511 93634 8000
Fax: +49 (0)511 33611 655
E-mail: info@delti.com
Internet: www.delti.com
ISIN: DE0005146807
WKN: 514680
Listed: Regulierter Markt in Frankfurt; Freiverkehr in Berlin,
Dsseldorf, Hamburg, Hannover, Mnchen, Stuttgart
End of Announcement DGAP News-Service
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Originally from:
DGAP-Adhoc: Online Tyre Dealer Delticom AG acquires Tirendo Holding GmbH
The post DGAP-Adhoc: Online Tyre Dealer Delticom AG acquires Tirendo Holding GmbH appeared first on Arne Ruhnau News.
via Arne Ruhnau News http://arneruhnau.com/dgap-adhoc-online-tyre-dealer-delticom-ag-acquires-tirendo-holding-gmbh/
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