DGAP-News: CFC Industriebeteiligungen AG: Investor acquires Berndes assets from CFC and keeps produc

DGAP-News: CFC Industriebeteiligungen AG: Investor acquires Berndes assets from CFC and keeps production in Germany

ID: 187810

(firmenpresse) - DGAP-News: CFC Industriebeteiligungen AG / Key word(s):
Miscellaneous/Disposal
CFC Industriebeteiligungen AG: Investor acquires Berndes assets from
CFC and keeps production in Germany

28.09.2012 / 15:50

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- CFC sells brand and trademarks and enters into a long term property
lease agreement

- Berndes business will be run with Italian investor

- Decision of Berndes' committee of creditors expected within the
upcoming days

Dortmund, September 28th 2012

CFC Industriebeteiligungen AG (ISIN: DE000A0LBKW6), Dortmund, announces
that it has signed a definitive agreement with Alluflon SPA, an Italian
cookware manufacturer as strategic investor, related to the acquisition of
Berndes assets.

Under this agreement CFC will sell its brand and trademark rights related
to Berndes. The operating business in future will be run by the new Berndes
Küche GmbH in Arnsberg, Germany. Consequently, related jobs as well as
production will remain in Germany.

Berndes Küche GmbH will enter into a long term property lease agreement
with a company that is solely owned by CFC and currently manages the
property in Arnsberg.

The income from the property lease as well as the sales proceeds will be
used to reduce and pay back existing debts and liabilities.

The closing of the transaction is subject to the approval of Berndes'
committee of creditors. A decision is expected within the upcoming days.

Contact:

CFC Industriebeteiligungen AG
Westfalendamm 9
44141 Dortmund

Christina Tümmler
Phone: + 49 (0) 231 222 40 500
E-Mail: info(at)cfc.eu.com


End of Corporate News

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28.09.2012 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: CFC Industriebeteiligungen AG
Westfalendamm 9
44141 Dortmund
Germany
Phone: +49 (0)231-22240 500
Fax: +49 (0)231-22240 501
E-mail: info(at)cfc.eu.com
Internet: www.cfc.eu.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Open Market
(Entry Standard) in Frankfurt


End of News DGAP News-Service
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187013 28.09.2012


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Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
Datum: 28.09.2012 - 15:50 Uhr
Sprache: Deutsch
News-ID 187810
Anzahl Zeichen: 5675

contact information:

Kategorie:

Business News



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