Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Mergers & Acquisitions/Merger
Frankfurt, 9 December 2010
- Merger between Heliad and TIG successfully completed
Frankfurt am Main, 9 December 2010 - Heliad Equity Partners GmbH & Co. KGaA ('Heliad') has successfully completed the merger with TIG Themis Industries Group GmbH & Co. KGaA ('TIG') with entry in the commercial register. Heliad strengthened its market position as an established company in the German private equity market and set the stage for further profitable growth.
'We are glad to successfully complete the merger with TIG. With formal closing of the transaction we can now take advantage of synergies and advance the strategic focus of the portfolio', states Bernd Sexauer, CEO of Heliad.
The merger of TIG and Heliad became effective with entry in the commercial register in Frankfurt am Main on 08 December 2010. TIG as transferring company has gone out of business and their shareholders have become shareholders of Heliad. As specified in the merger agreement former shareholders of TIG receive five no-par value shares of Heliad for six no-par shares of TIG.
The shares of TIG were delisted at Frankfurt Stock Exchange as of 09 December 2010.
For further information regarding the technical execution we refer to the announcement in the Federal Gazette as of 09 December 2010.
Heliad is a group of companies that invests in high-growth German companies and offers them hands-on support in their further development. Heliad typically invests in companies that generate annual sales in excess of EUR 10mn and generally acquires majority shareholdings. Further information about the company can be found at www.heliad.com.
Heliad Equity Partners GmbH & Co. KGaA
Christoph D. Kauter
Phone: +49 69 71 91 59 65 39
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|Company:||Heliad Equity Partners GmbH & Co. KGaA|
|60322 Frankfurt am Main|
|Phone:||+49 69 71 91 59 65 0|
|Fax:||+49 69 71 91 59 65 11|
|Listed:||Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Stuttgart|
|End of News||DGAP News-Service|