2016-04-08
Bastei Lübbe AG acquires majority investment in leading book wholesaler BuchPartner GmbH
Bastei Lübbe AG / Key word(s): Investment08.04.2016 13:45Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Bastei Lübbe AG acquires majority investment in leading book wholesalerBuchPartner GmbHCologne, April 8, 2016. Bastei Lübbe AG has acquired a majority investmentin BuchPartner GmbH, the leading book wholesaler in Europe'sGerman-speaking region.The purchase extends Bastei Lübbe AG's value chain in traditionalpublishing and brick-and-mortar bookselling. BuchPartner GmbH withapproximately 220 employees and 800 associated service staff is the marketleader in food retailing and currently manages around 4,000 shops andsupplies more than 2,500 customers in the promotions business.BuchPartner's customers include nearly all leading retail corporations suchas the Edeka-Group (Edeka and Marktkauf), the REWE-Group (REWE and Penny),Kaufland, Famila, HIT, Saturn, Media Markt as well as Metro and Real.By acquiring BuchPartner, Bastei Lübbe AG is strengthening its competitiveposition in the distribution sector considerably and systematicallycontinuing the announced advancement of its digital growth.The details of the investment package (price and stake) are to be treatedas confidential information.08.04.2016 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: EnglishCompany: Bastei Lübbe AG Schanzenstraße 6 - 20 51063 Köln GermanyPhone: 02 21 / 82 00 - 0Fax: 02 21 / 82 00 - 1900E-mail: investorrelations@luebbe.deInternet: www.luebbe.deISIN: DE000A1X3YY0, DE000A1K0169WKN: A1X3YY, A1K016Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------