Valora Holding AG

euro adhoc: Valora Holding AG
Valora signs contract for sale of three production companies

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Production companies


- Good solution reached in spite of challenging market conditions - Sale to be finalised when approved by competition authorities - Further milestone on path to focus on core activities - Negotiations on sale of remaining production companies progressing

As part of its already announced divestment programme, Valora Holding AG has signed an agreement for the sale of three of its five production companies - Roland Murten AG, Kägi Söhne AG and Cansimag France SA. The buyer is Argos Soditic, an established investment company with offices in Geneva, Paris and Milan. The agreement covers the sale of 100% of the share capital of each of the three companies named above and of the brand rights associated with them. Argos Soditic intends to manage these production companies independently of each other in future, strategically re-positioning each of them in their respective markets. The firms´ staff will continue to be employed on the terms applying hitherto.

Both parties have agreed not to disclose the selling price agreed between them. The sale will be finalised once the Bundeskartellamt, the Federal German authority regulating competition issues, has given its approval to the transactions.

The signing of this sales agreement marks a further major step in Valora´s strategy of focusing on its core businesses of retail, media and trade distribution. Negotiations on the sale of the two remaining production companies, Gillebagaren AB in Sweden and Sørlandschips A/S in Norway, are in progress. Valora will make an announcement concerning these when appropriate.

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ots Originaltext: Valora Holding AG
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Further inquiry note:
Media Relations: Tel: +41 58 789 12 01
Stefania Misteli E-Mail:

Investor Relations: Tel: +41 58 789 12 20
Stefan Knuchel E-Mail:

Argos Soditic: Tel: +41 22 849 66 33
Guy Semmens E-Mail:

Branche: Retail
ISIN:      CH0002088976
WKN:        208897
Börsen:  SWX Swiss Exchange / official market
              BX Berne eXchange / official dealing

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