EANS-News: Valora Holding AG Valora completes its acquisition of K. Schmelzer-
J. Bettenhausen GmbH & Co KG
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Company Information
Muttenz (euro adhoc) - Valora completes its acquisition of K. Schmelzer- J.
Bettenhausen GmbH & Co KG
- Valora now Austria´s leading railway station bookseller
- New sites to serve as platform for further expansion
Valora now Austria´s leading railway station bookseller
Valora successfully completed its acquisition of K. Schmelzer- J. Bettenhausen
GmbH & Co KG with effect from January 12, 2012. The transaction means that
Valora has now become Austria´s leading railway station bookseller. The 12 prime
sites Valora has acquired are located at Austria´s largest and most important
railway stations and at Vienna airport. Completion of this deal has enabled the
company to achieve comprehensive coverage of the German-speaking markets,
through a network now numbering more than 1 500 outlets at heavily frequented
locations in Germany, Switzerland and Austria.
New sites to serve as platform for further expansion
The "press&more" outlets the company has acquired in Austria will be an
important building block in Valora´s further expansion of its activities in
Europe´s German-speaking markets. During 2012, the Austrian outlets´ product
ranges will be reconfigured, and the market presence, branding and store layouts
already used by Valora´s proven and successful Press&Books format will be
suitably adapted for the new Austrian sites. This transformation will draw on
the substantial experience Valora has accumulated from the more than 200 P&B
stores it already operates in Germany and Switzerland. Austria´s first modern
P&B format will open at the new Salzburg central railway station by end of April
2012.
Further inquiry note:
Investor Relations: Tel: +41 58 789 12 20
Mladen Tomic E-Mail: mladen.tomic@valora.com
Media Relations: Tel: +41 58 789 12 01
Stefania Misteli E-Mail: stefania.misteli@valora.com
end of announcement euro adhoc
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company: Valora Holding AG
Hofackerstrasse 40
CH-4132 Muttenz
phone: +41 61 467 20 20
FAX: +41 58 789 12 12
mail: info@valora.com
WWW: www.valora.com
sector: Retail
ISIN: CH0002088976
indexes:
stockmarkets: Main Standard: SIX Swiss Exchange, stock market: BX Berne eXchange
language: English