schlott gruppe Aktiengesellschaft
schlott sebaldus AG english
schlott sebaldus takes over Elanders Lithorex AB
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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-Continued internalisation in direct marketing-
Freudenstadt, 4th July 2002. schlott sebaldus AG, listed in SDAX, has taken over
all shares in Elanders Lithorex AB, Sweden, effective as of 1st July 2002. The
takeover of the shares in the company is being handled as a cash purchase.
schlott sebaldus AG will already include Elanders Lithorex in its scope of
consolidation from 1st July 2002 onwards. Located in the south of Sweden in
Landskrona near Malmö, Elanders Lithorex AB focuses on the production of
personalised mailings for the Swedish, Norwegian, Finnish and Danish markets. It
employs approximately 65 persons and expects turnover of approximately EUR 12
million in 2002. The company’s profitability is comparable to that of schlott
sebaldus’ direct marketing division. With the acquisition of this market leader
in the attractive Scandinavian region, the schlott sebaldus group is further
expanding its presence in the field of direct marketing in the core European
markets and promoting its planned internationalisation. The production
capacities of the schlott sebaldus subsidiary meiller direct are being expanded
with the acquisition of Elanders Lithorex and will now operate under the name of
meiller lithorex. Together, the two companies offer Europe’s largest finishing
capacity for personalised mailings. Cross-location synergy effects are being
created thanks to the comparable production facilities.
end of ad-hoc-announcement (c)DGAP 04.07.2002
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WKN: 504630; ISIN: DE0005046304; Index: SDax
Listed: Amtlicher Markt in Frankfurt (SMAX)und Stuttgart; Freiverkehr in Berlin,
Düsseldorf, Hamburg und München
041451 Jul 02
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