TAKKT AG: Sale of Plant Equipment Group completed

TAKKT AG / Key word(s): Miscellaneous

2015-01-31 / 07:46

P R E S S   R E L E A S E

TAKKT AG: Sale of Plant Equipment Group completed

Stuttgart, 31 January 2015. The sale of the North American division Plant Equipment Group (PEG) to Global Industrial has been completed on 30 January 2015. The purchasing agreement has already been signed on 31 December 2014. The purchase price (free of financial debt) amounts to 25 million US dollars.

With the sale of the PEG TAKKT can focus its resources to become an integrated multi-channel company.

TAKKT is the leading B2B direct marketing specialist for business equipment in Europe and North America. The Group is represented with its brands in more than 25 countries. The product range of the TAKKT subsidiaries comprises more than 300,000 products for the areas of plant and warehouse equipment, office furniture, transport packaging, display articles, supplies for retailers, the food service industry and the hotel market.

The TAKKT Group has over 2,000 employees and almost three million customers worldwide. TAKKT AG is listed on the SDAX and has been in the Deutsche Boerse Prime Standard.

Giuseppe Palmieri, Tel. +49 711 3465 8250
Dr Christian Warns, Tel. +49 711 3465 8222

Email: investor@takkt.de

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