Hawesko acquires majority in specialist for Spanish wines Wein & Vinos
(Thomson Reuters ONE) -
HAWESKO Holding AG /
Hawesko acquires majority in specialist for Spanish wines Wein & Vinos
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The issuer is solely responsible for the content of this announcement.
Hamburg, 16 November 2011. The wine trading group Hawesko Holding AG (HAW,
HAWG.DE, DE0006042708) will acquire a 70 % shareholding in the Berlin-based wine
trader Wein & Vinos effective 1 January 2012. Wein & Vinos is the leading multi-
channel retailer for Spanish wines in Germany and achieved sales of ? 17.0
million in the past fiscal year 2010. With its clear focus on Spanish wines the
company has grown more than 50 % per year on average in the past three years;
growth in the current fiscal year of 2011 should also be on this scale. Besides
e-commerce as its main sales channel, Wein & Vinos also operates seven shops in
Berlin and Munich.
The management board of Hawesko Holding AG, according to its preliminary
calculations, expects Wein & Vinos to make a positive earnings contribution from
2012, the first year of consolidation in the Hawesko Group.
The purchase agreement provides for the two managing partners who founded the
company to remain as minority shareholders in Wein & Vinos and to continue
running it.
Joerg Horn and Wolf Wilder, managing shareholders of Wein & Vinos: "We will
continue to grow at a decent pace - mid double-digit percentages - in the
opportune market of e-commerce wine. In order to accomplish this, we want to
concentrate our full energies on realising the ideas and plans we have already
developed. We need a strong and experienced partner at our back. With Hawesko
Holding AG we've found our ideal partner and the number one in the business as
well!"
Alexander Margaritoff, Chief Executive of Hawesko Holding AG: "Wein & Vinos
combines its focus on a younger clientele with intelligent integration of the
possibilities of the Internet, together with simple and lean processes. That's
how the company grows profitably. It will be a gain for the Hawesko Group."
# # #
Further information as well as the online offer of Wein & Vinos in German can be
found under http://www.vinos.de .
Herausgeber:
Hawesko Holding AG
20247 Hamburg
Investor Relations:
Thomas Hutchinson, Hawesko Holding AG
Phone (+49 40) 30 39 21 00
Fax (+49 40) 30 39 21 05
E-Mail: ir(at)hawesko-holding.com
Press/Media:
Vera Maria Bau, VMB Public Relations
Phone (+49 228) 4496 406
Fax (+49 228) 4496 9406
E-Mail: vmb(at)veramariabau-pr.de
--- End of Message ---
HAWESKO Holding AG
Postfach Hamburg Deutschland
WKN: 604270;ISIN: DE0006042708;Index:GEX,CLASSIC All Share,SDAX,Prime All Share,CDAX;
Listed: Freiverkehr in Börse Stuttgart,
Freiverkehr in Börse Berlin,
Freiverkehr in Börse Düsseldorf,
Freiverkehr in Bayerische Börse München,
Freiverkehr in Niedersächsische Börse zu Hannover,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse,
Regulierter Markt in Hanseatische Wertpapierbörse zu Hamburg;
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: HAWESKO Holding AG via Thomson Reuters ONE
[HUG#1564248]
Unternehmensinformation / Kurzprofil:
Datum: 16.11.2011 - 10:30 Uhr
Sprache: Deutsch
News-ID 88357
Anzahl Zeichen: 3987
contact information:
Town:
Hamburg
Kategorie:
Business News
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