DGAP-News: bmp AG: ergoTrade sold to the Sims Group
(firmenpresse) - DGAP-News: bmp AG / Key word(s): Miscellaneous
bmp AG: ergoTrade sold to the Sims Group
14.03.2011 / 10:30
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bmp AG: ergoTrade sold to the Sims Group
Berlin, 14 March 2011
bmp AG (ISIN DE0003304200) has sold its 49.99% stake in ergoTrade AG,
Schwaig/Munich, as part of a 100% acquisition by Sims Group German Holdings
GmbH, a subsidiary of Sims Metal Management Ltd., at a profit.
Sims Metal Management is the world's leading recycler of iron and steel
scrap and its division Sims Recycling Solutions is the world's largest
recycler of electrical and electronic waste. With this acquisition, Sims is
expanding its activities to asset management while reinforcing its position
in Germany and entering a new market with Hungary.
bmp was a lead investor that co-founded ergoTrade in October 2000, making
it into one of the top IT remarketing and life cycle management services in
Germany and Hungary. The parties have agreed not to disclose the purchase
price, which was paid fully in cash. The sale is subject to the approval of
the German anti-trust authorities.
'We are proud to have found a strong, international partner for ergoTrade
AG in the Sims Group, which will provide the company with professional
expertise for its further expansion and internationalisation,' says Oliver
Borrmann, CEO of bmp AG.
'With ergoTrade we are significantly reinforcing our market presence in
Germany - ergoTrade is a renowned, strong partner. This brings us a major
step closer to our goal of becoming the market leader in Germany for IT
life cycle services. We have now created a solid foundation for our further
European expansion,' says Marc Faller, Director of Business Development at
Sims.
About bmp:
bmp Aktiengesellschaft (ISIN DE0003304200) invests its own funds in
innovative growth companies from the industries of media, entertainment and
marketing services, primarily in Germany and Poland. Since March 2010, bmp
has also managed the state of Brandenburg's BFB Frühpasenfonds, with a
volume of EUR 20 million.
bmp offers its participating interests extensive know-how as a financing
partner and business developer for growth companies. Thanks to its
experience with more than 100 own shareholdings, 14 IPOs and more than 30
trade sales from the portfolio, bmp is among the most highly skilled
venture capital investors in Germany and Poland.
For more information, please contact:
Corinna Riewe
Investor Relations
Tel: 030-20 30 5-567
Fax: 030-20 30 5- 555
Email: criewe(at)bmp.com
bmp AG
Schlüterstraße 38
10629 Berlin
Internet: www.bmp.com
This Corporate News is neither an offer nor a request to submit an offer
for the sale of securities - specifically not in the US or other countries
or jurisdictions in which an offer or request to submit an offer for the
purchase or sale would be illegal without prior registration or permission
under the relevant securities guidelines.
This Corporate News is neither an offer to sell registered bearer shares
nor a request to submit an offer to buy the registered shares; it is merely
for information purposes.
End of Corporate News
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14.03.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: bmp AG
Schlüterstraße 38
10629 Berlin
Deutschland
Phone: +49 (0)30 20 305-0
Fax: +49 (0)30 20 305-555
E-mail: ir(at)bmp.com
Internet: www.bmp.com
ISIN: DE0003304200
WKN: 330420
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart; Warschau
End of News DGAP News-Service
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115374 14.03.2011
Datum: 14.03.2011 - 10:30 Uhr
Sprache: Deutsch
News-ID 33459
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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