Swiss investor group raises stake in Alno AG
ALNO AG / Key word(s): Miscellaneous/Miscellaneous
20.04.2011 / 08:20
Düsseldorf, April 20, 2011 - The Swiss investor group has increased its
equity interest in Alno AG, one of the world's largest manufacturers of
fitted kitchens. The investors acquired 400,000 Alno AG shares for EUR 3.00
each from ABAG Aktienmarkt Beteiligungs AG. This share price is around 15%
above its current stock market price level. ABAG's equity interest in Alno
has fallen below the 5% threshold as a consequence.
This Swiss investor group participated jointly with Alno leading
shareholder Küchen Holding GmbH and Whirlpool in the Alno AG capital
increase that was successfully concluded in March 2011.
About Alno AG:
Alno AG is one of Germany's leading kitchen manufacturers. It has four
national production facilities and also a production facility in Dubai, and
serves the German and international markets with a full range of kitchens.
The Alno Group has four brands: the core brand Alno and also Wellmann
(classic/modern), Impuls (minimalist) and Pino (entry-level prices). Alno
AG has around 7,000 distribution partners and is active in more than 64
countries. In fiscal year 2009 around 1,900 employees recorded revenues of
approx. EUR 493 million and an operating result of EUR 1.1 million before
extraordinary write-downs. Foreign sales accounted for 29.8% of revenues.
Note for editors:
If you would like to find out more about Alno and its products, then please
visit our online press center at http://www.alno.ag/182.0.html. You can
also find ready-to-print images of people and products in our press center.
Contact:
cometis AG
Henryk Deter / Susanne Gremmler
Unter den Eichen 7
65195 Wiesbaden, Germany
Telephone: +49 / 611 / 20 58 55 23
Fax: +49 / 611 / 20 58 55 66
E-mail: gremmler@cometis.de
End of Corporate News
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Language: English
Company: ALNO AG
Airport Office I, Peter-Müller-Straße 14/14a
40468 Düsseldorf
Deutschland
Internet: www.alno.de
ISIN: DE0007788408
WKN: 778840
Listed: Regulierter Markt in Frankfurt (General Standard),
Stuttgart; Freiverkehr in Berlin, Düsseldorf, München
End of News DGAP News-Service
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