EANS-Adhoc: Valora Holding AG Valora Services to sell its third-party goods
wholesaling business to Lekkerland Schweiz AG
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
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other/Valora Services to sell its third-party goods wholesaling business to
Lekkerland Schweiz AG
23.01.2013
Valora Services to sell its third-party goods wholesaling business to Lekkerland
Schweiz AG
The Valora Group's Services division currently owns a Sales & Services
Switzerland (wholesale goods) business unit, which is engaged in wholesale
distribution to third-party retailers. This unit's function has been to provide
classical distribution services to retailers outside the Valora Group. It
currently supplies some 650 third-party retail outlets with tobacco, food,
beverage and non-food products. In the 2012 financial year, this unit generated
some CHF 100 million in turnover, principally through tobacco-product sales.
Valora decision to withdraw from goods wholesale activities, which was announced
in December 2012, will enable division Valora Services to focus more closely on
its strategic core business of press wholesaling.
Lekkerland, the unit's new owner, has agreed to take on its existing staff and
distribution contracts. Both parties have agreed not to disclose the purchase
price. Valora and Lekkerland are confident that they will successfully complete
this transaction by the second quarter of this year, subject to agreement from
Switzerland's Competition Commission.
On March 26, 2013, Valora Holding AG will present its definitive results for
2012 and will provide information on its ongoing strategic development.
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Valora
- Valora is an independent consumer-goods trading company operating on a
Europe-wide scale (www.valora.com).
- Valora runs three separate business divisions, all operating in high-volume
consumer goods markets. The Group's activities are focused on those European
markets where modern, mobile lifestyles have become widespread.
- Retail division
Market leader in small-outlet and micro-outlet convenience retail, operating a
range of standardised formats at heavily frequented locations.
- Services division
Market leader in the distribution of press products to the Group's own outlets
and third party retail. The division also runs a press and retail goods
wholesaling business.
- Trade division
Exclusive distributor of branded food and non-food consumer goods to the retail
sector.
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Lekkerland
Lekkerland (Schweiz) AG, which is based in the Swiss canton of Aargau, is a
member of the German-based Lekkerland Group. The Swiss unit supplies more than
1,000 filling stations, railway-station shops, motorway service stations and
other convenience stores with tobacco products, confectionery, beverages,
deep-frozen, fresh and ultra-fresh food, as well as non-food and prepaid
products.
Further inquiry note:
Investor Relations: Tel: +41 61 467 36 50
Mladen Tomic E-Mail: mladen.tomic@valora.com
Media Relations: Tel: +41 61 467 36 31
Stefania Misteli E-Mail: stefania.misteli@valora.com
Lekkerland Corporate Communications
Inga Koenen Tel: +49 2234 1821 175
E-Mail: inga.koenen@lekkerland.com
Kristina Gardemann Tel: +49 2234 1821 350
E-Mail: kristina.gardemann@lekkerland.com
end of announcement euro adhoc
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issuer: 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