TAKKT AG / Key word(s): Disposal 01.01.2015 02:23 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- TAKKT sells the Plant Equipment Group. Today, TAKKT AMERICA HOLDING INC., a subsidiary of TAKKT AG, has signed a contract with Global Industrial Holdings LLC, Port Washington, NY, USA, to sell the membership interests of all companies belonging to the Plant Equipment Group ("PEG"). This comprises C&H Service, LLC, Milwaukee, USA, C&H Distributors, LLC, Milwaukee, USA, Industrialsupplies.com, LLC, Milwaukee, USA, Products for Industry, LLC, Milwaukee, USA, C&H Productos Industriales S. de R.L. de C.V., Mexiko City, Mexiko, and Avenue Industrial Supply Company Limited, Richmond Hill, Canada. With this step TAKKT will focus its activities to become an integrated multi-channel company. The Supervisory Board of TAKKT AG has already approved the transaction. In 2013, PEG generated a turnover of approx. USD 104 million. A purchase price of USD 25 million on a debt free basis was agreed for the transaction. 01.01.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: TAKKT AG Presselstr. 12 70191 Stuttgart Germany Phone: +49 (0)711 346 58 -0 Fax: +49 (0)711 346 58 - 10 E-mail: investor@takkt.de Internet: www.takkt.de ISIN: DE0007446007 WKN: 744600 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart; Freiverkehr in Berlin, Düsseldorf, München End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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TAKKT AG: TAKKT sells the Plant Equipment Group.
Your Contact
Michael Loch
Head of Investor Relations
michael.loch(at)takkt.de
Tel: +49 711 3465-8222
Head of Investor Relations
michael.loch(at)takkt.de
Tel: +49 711 3465-8222