Paramètres des cookies

Ce site web utilise des cookies à des fins d'optimisation et d'analyse statistique et pour afficher des annonces personnalisées. Pour plus d'informations, veuillez svp. consulter notre déclaration de confidentialité sur la protection de données personnelles.

The Fantastic Company AG

DGAP-Adhoc: The Fantastic Company AG: TFC expands its Business in France through Acquisitions

20.11.2013 – 23:59

The Fantastic Company AG  / Key word(s): Mergers & Acquisitions/Investment

20.11.2013 23:57

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

The Fantastic Company AG ('TFC') announces that it acquired 100% of the
shares in the French company Société de Gestion de Marques SAS. The
acquired company markets and sells fashion accessories similar to our
TFC-subsidiary SICARA Fashion Accessories SAS. It expects for this calendar
year net sales of approximately EUR 8 million with a slightly positive
result.

In addition, TFC acquired on the same day all shares of the minority
shareholders (21%) in our French subsidiary SICARA Fashion Accessories SAS
with the effect that the Company now holds 100% of the shares.

Oliver Krautscheid, President: 'The acquisition strengthens significantly
our current fashion accessories business in France. We expect to realize
synergy effects from this acquisition.'

The Board of Directors

Contact:
Oliver Krautscheid 
oliver.krautscheid@fantastic.com


---------------------------------------------------------------------------

Language:     English
Company:      The Fantastic Company AG
              Obmoos 4
              6301 Zug
              Switzerland
Phone:        0041443502280
Fax:          0041443502282
E-mail:        info@fantastic.com
Internet:  www.fantastic.com
ISIN:         CH0108753523
WKN:          A0YJEW
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Stuttgart

End of Announcement                             DGAP News-Service

---------------------------------------------------------------------------