EANS-Adhoc: Fortune sells Dr. Höller Asset Management to Hauck & Aufhäuser Privatbankiers
ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
Spin-offs
09.06.2009
Fortune Wealth Management Group S.A., the Holding of the Wealth Management Division of Fortune Management Inc. (General Standard, ISIN USU026281027, SIN: A0BLYY) has sold its participation in the Zurich and Vienna based asset managers Dr. Höller Vermögensverwaltung und Anlageberatung Ltd. and Dr. Höller Vermögensverwaltung GmbH to Hauck & Aufhäuser Privatbankiers KGaA, in Frankfurt. According to the contract, the purchase price will not be disclosed.
(End of the Ad hoc Release)
René Müller, CEO of Fortune Management Inc. comments the transaction: "Being one of the market leaders in the management of assets under ethical principles we had an increased requirement profile for the buyer of this company. Thanks to Hauck & Aufhäuser´s particular strengths in the field of sustainable and ethical asset management, Dr. Höller has now found a new owner that knows to fulfill the highest expectations of clients as well as employees."
Michael Schramm, general partner of Hauck & Aufhäuser Privatbankiers: "Ethics and ecology standards considered in political and social discussions expanded into the world of finance long ago. With Dr. Höller Vermögensverwaltung we could gain an expert, with whose support we will be able to take care of our clients even more comprehensive and competent."
end of ad-hoc-announcement ========================================== ====================================== FORTUNE Management Inc. is a publicly listed private equity firm. The companys shares (ISIN: USU 026281027) are listed in the General Standard segment of Frankfurt Stock Exchange (symbol: FMI1) and on the NASDAQ Dubai.
end of announcement euro adhoc
Further inquiry note:
Thomas Luber
FORTUNE Management Inc.
Phone +49 69 9441 8069
IR@fortune-management.com
c/o Fortune Services Ltd
Bahnhofstrasse 10
P.O. Box 324
CH-6301 Zug
Branche: Financial & Business Services
ISIN: USU026281027
WKN: A0BLYY
Börsen: Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
Frankfurt / regulated dealing/general standard