DGAP-News: HMS Bergbau AG enters into cooperation with FCC - Franke Coal&Coke
(firmenpresse) - DGAP-News: HMS Bergbau AG / Key word(s): Miscellaneous
HMS Bergbau AG enters into cooperation with FCC - Franke Coal&Coke
26.09.2013 / 15:10
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Corporate News dated 26 September 2013
HMS Bergbau AG enters into cooperation with FCC - Franke Coal&Coke
Trading GmbH
- Joint expansion of market shares in the European coal trading sector
- Concentration of expertise in a new company
- HMS Bergbau AG holds 51 percent of the shares in HMS Coal&Coke Trading
GmbH
Berlin/Germany, 26 September 2013: HMS Bergbau AG, an international coal
trading company with operative expertise in the extraction, handling and
trading of coal, announces cooperation with FCC - Franke Coal&Coke
Trading GmbH.
In the context of this cooperation, HMS Bergbau AG acquired 51 percent of
the shares in a Franke family company. The remaining 49 percent of the
shares are held by the Franke family. The company, which will operate in
the future under the name HMS Coal&Coke Trading GmbH, will pool the
expertise of both shareholders. The objective of the cooperation is the
joint expansion of market shares in the European coal trading sector. Each
party will provide one managing director. HMS Bergbau AG will contribute
its many years of experience on the German coal market and various options
for financing coal trading transactions, while the team at FCC Franke will
provide its developed network of contacts and businesses in the European
coal market as well as diverse new business ideas. The contract parties
have agreed not to disclose any further contractual information.
The Management Board
About HMS Bergbau AG:
Berlin-based HMS Bergbau AG is an independent coal trading house
specializing in just-in-time deliveries of thermal coal to power plants and
other industrial consumers. The company is one of the leading coal trading
companies in Germany and markets its products to renowned consumers
worldwide. HMS is actively expanding its activities to span coal trading
and logistics solutions primarily in Asia and Africa. HMS has been listed
at Germany's Frankfurt Stock Exchange since December 2008.
Company contact:
HMS Bergbau AG
An der Wuhlheide 232
12459 Berlin
T.: +49 (30) 65 66 81-0
F: +49 (30) 65 66 81-15
Email: info(at)hms-ag.com
URL: www.hms-ag.com
HMS Investor Relations contact:
GFEI Aktiengesellschaft
Am Hauptbahnhof 6
60329 Frankfurt am Main
T.: +49 (69) 74 30 37-00
F.: +49 (69) 74 30 37-22
Email: investors(at)hms-ag.com
End of Corporate News
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26.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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: HMS Bergbau AG
An der Wuhlheide 232
12459 Berlin
Germany
Phone: 030 65 66 81-0Fax: 030 65 66 81-15
E-mail: hms(at)hms-ag.com
Internet: www.hms-ag.com
ISIN: DE0006061104
WKN: 606110
Listed: Freiverkehr in Berlin, Düsseldorf; Frankfurt in Open
Market (Entry Standard)
End of News DGAP News-Service
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232154 26.09.2013
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Datum: 26.09.2013 - 15:10 Uhr
Sprache: Deutsch
News-ID 300577
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