DGAP-News: Altira AG to focus in future on core business of 'Financing German Mittelstand' ++ Changes in Management Board ++ Sale of Altira ADC Management GmbH planned
(firmenpresse) - DGAP-News: Altira AG / Key word(s): Strategic Company Decision/Change
of Personnel
Altira AG to focus in future on core business of 'Financing German
Mittelstand' ++ Changes in Management Board ++ Sale of Altira ADC
Management GmbH planned
02.11.2012 / 17:37
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At its meeting today, the Supervisory Board of Altira AG (Altira) approved
the sharper focus for the company proposed by the Management Board. Under
the direction of David Zimmer, CEO, Altira will concentrate its future
strategy on its core business of 'Financing German Mittelstand' by
focusing, among other areas, on Heliad Equity Partners GmbH&Co. KGaA, an
investment company managed by Altira. The overwhelming share of Altira's
investments and subsidiaries are to be independently managed, further
developed and in some cases sold. In the interests of the company and its
shareholders, the Management Board plans to rapidly implement this process
of focusing the company's activities. In the course of this, Peter Brumm
and Andreas Lange, two members of the Management Board, will be retiring
from the Altira Group on the basis of mutual agreement and on the best of
terms.
As part of this change of strategy, the Supervisory Board today agreed on
the proposal of the Management Board to sell the company Altira ADC
Management GmbH and to accept a corresponding purchase offer made by ADC
African Development Corporation GmbH&Co. KGaA (ADC KGaA). The offer
submitted amounts to around EUR 4.3 million to acquire all of the shares in
Altira ADC Management GmbH. Once this transaction has been implemented,
Altira AG will no longer perform any management function at ADC KGaA.
Contact:
Altira Aktiengesellschaft
Stefan Schütze
Tel: +49 69 719 12 80 0
E-Mail: investor-relations(at)altira-group.de
End of Corporate News
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02.11.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Altira AG
Grüneburgweg 18
60322 Frankfurt / Main
Germany
Phone: +49 (0)69 719 12 80 - 0
Fax: +49 (0)69 719 12 80 - 011
E-mail: info(at)altira-group.de
Internet: www.altira-group.de
ISIN: DE0001218063
WKN: 121806
Listed: Freiverkehr in Berlin, Düsseldorf, Stuttgart; Open Market
(Entry Standard) in Frankfurt
End of News DGAP News-Service
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191370 02.11.2012
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Unternehmensinformation / Kurzprofil:
Datum: 02.11.2012 - 17:37 Uhr
Sprache: Deutsch
News-ID 199088
Anzahl Zeichen: 3822
contact information:
Kategorie:
Business News
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