EANS-News: Valora Holding AG
Valora completes its acquisition of K. Schmelzer-
J. Bettenhausen GmbH & Co KG
19.01.2012 – 08:03
-------------------------------------------------------------------------------- Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. -------------------------------------------------------------------------------- Company Information Muttenz (euro adhoc) - Valora completes its acquisition of K. Schmelzer- J. Bettenhausen GmbH & Co KG - Valora now Austria´s leading railway station bookseller - New sites to serve as platform for further expansion Valora now Austria´s leading railway station bookseller Valora successfully completed its acquisition of K. Schmelzer- J. Bettenhausen GmbH & Co KG with effect from January 12, 2012. The transaction means that Valora has now become Austria´s leading railway station bookseller. The 12 prime sites Valora has acquired are located at Austria´s largest and most important railway stations and at Vienna airport. Completion of this deal has enabled the company to achieve comprehensive coverage of the German-speaking markets, through a network now numbering more than 1 500 outlets at heavily frequented locations in Germany, Switzerland and Austria. New sites to serve as platform for further expansion The "press&more" outlets the company has acquired in Austria will be an important building block in Valora´s further expansion of its activities in Europe´s German-speaking markets. During 2012, the Austrian outlets´ product ranges will be reconfigured, and the market presence, branding and store layouts already used by Valora´s proven and successful Press&Books format will be suitably adapted for the new Austrian sites. This transformation will draw on the substantial experience Valora has accumulated from the more than 200 P&B stores it already operates in Germany and Switzerland. Austria´s first modern P&B format will open at the new Salzburg central railway station by end of April 2012. Further inquiry note: Investor Relations: Tel: +41 58 789 12 20 Mladen Tomic E-Mail: mladen.tomic@valora.com Media Relations: Tel: +41 58 789 12 01 Stefania Misteli E-Mail: stefania.misteli@valora.com end of announcement euro adhoc -------------------------------------------------------------------------------- company: Valora Holding AG Hofackerstrasse 40 CH-4132 Muttenz phone: +41 61 467 20 20 FAX: +41 58 789 12 12 mail: info@valora.com WWW: www.valora.com sector: Retail ISIN: CH0002088976 indexes: stockmarkets: Main Standard: SIX Swiss Exchange, stock market: BX Berne eXchange language: English