Bastei Lübbe AG acquires majority investment in leading book wholesaler BuchPartner GmbH

Bastei Lübbe AG  / Key word(s): Investment

08.04.2016 13:45

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Bastei Lübbe AG acquires majority investment in leading book wholesaler
BuchPartner GmbH

Cologne, April 8, 2016. Bastei Lübbe AG has acquired a majority investment
in BuchPartner GmbH, the leading book wholesaler in Europe's
German-speaking region.

The purchase extends Bastei Lübbe AG's value chain in traditional
publishing and brick-and-mortar bookselling. BuchPartner GmbH with
approximately 220 employees and 800 associated service staff is the market
leader in food retailing and currently manages around 4,000 shops and
supplies more than 2,500 customers in the promotions business.
BuchPartner's customers include nearly all leading retail corporations such
as 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 competitive
position in the distribution sector considerably and systematically
continuing the announced advancement of its digital growth.

The details of the investment package (price and stake) are to be treated
as confidential information.


08.04.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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Language:     English
Company:      Bastei Lübbe AG
              Schanzenstraße 6 - 20
              51063 Köln
              Germany
Phone:        02 21 / 82 00 - 0
Fax:          02 21 / 82 00 - 1900
E-mail:       investorrelations@luebbe.de
Internet:     www.luebbe.de
ISIN:         DE000A1X3YY0, DE000A1K0169
WKN:          A1X3YY, A1K016
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Stuttgart
 
End of Announcement                             DGAP News-Service
 
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