SLEEPZ AG
bmp Holding AG sells its shares in brand eins Medien AG
DGAP-News: bmp Holding AG / Key word(s): Miscellaneous bmp Holding AG sells its shares in brand eins Medien AG bmp Holding AG (ISIN DE0003304200) has successfully sold its 35.36% stake in the Hamburg-based publishing house brand eins Medien AG. bmp agreed with the purchaser, CTP Shipping GmbH, not to disclose the exact amount of the purchase price, which was in the lower one-digit million euro range. The sale now reduces the remaining venture capital portfolio to eight entities that are likewise to be sold in the medium term. The book value incl. loans of the remaining companies stands at approximately EUR 11 million. Oliver Borrmann expresses his satisfaction with the sale: “With CTP Shipping GmbH and its managing partner, Capt. Thomas Pötzsch, we have successfully found a long-term-oriented entrepreneur to take over our shares. We intend to use the funds we are receiving to expand our operational activities in the sleep products segment and to reduce our liabilities. In doing so, we are also setting the foundation for additional acquisition opportunities that may arise.“ About bmp: Its subsidiaries sleepz GmbH, Matratzen Union GmbH, Ecom Union GmbH and Markenschlaf GmbH run brick-and-mortar stores and online shops in the segment of sleep products, including www.perfekt-schlafen.de, www.markenschlaf.de, www.schlafnett.de, www.matratzenunion.de, www.schlafhandel.de, www.onletto.de, www.schoene-traeume.de and www.matratzendiscount.de. Via Grafenfels Manufaktur GmbH (www.grafenfels.de), bmp has also developed a high-quality mattress brand sold through its own online store and numerous stationary retailers. The Group currently has a total of 66 employees. Contact: This Corporate News is neither an offer nor a request to submit an offer for the sale of securities – specifically not in the US or other countries or jurisdictions in which an offer or request to submit an offer for the purchase or sale would be illegal without prior registration or permission under the relevant securities guidelines. This Corporate News is neither an offer to sell registered bearer shares nor a request to submit an offer to buy the registered shares; it is merely for information purposes.
2016-10-28 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English | |
Company: | bmp Holding AG | |
Schlüterstraße 38 | ||
10629 Berlin | ||
Germany | ||
Phone: | +49 (0)30 20 305-0 | |
Fax: | +49 (0)30 20 305-555 | |
E-mail: | ir@bmp.com | |
Internet: | www.bmp-holding.de | |
ISIN: | DE0003304200 | |
WKN: | 330420 | |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange; Warschau | |
End of News | DGAP News Service |