Heliad Equity Partners: Exit of the investment BCG Baden-Baden Cosmetics Group AG ++ David Zimmer is appointed to the Supervisory Board


Heliad Equity Partners GmbH & Co. KGaA / Key word(s): Disposal/Change of Personnel

06.06.2011 / 12:50

  • Exit of the investment BCG Baden-Baden Cosmetics Group AG
  • David Zimmer is appointed to the Supervisory Board

Frankfurt am Main, 6 June 2011 - With signing date 3 June 2011, Heliad Equity Partners GmbH & Co. KGaA ('Heliad') sold its 40% stake in the cosmetics manufacturer BCG Baden-Baden Cosmetics Group AG. The investment was sold at the original cost price, but in 2011 an accounting profit of 20% could be achieved on the amortized cost, as the investment had been written off slightly at year-end 2010. Heliad's liquidity will increase through the sale at an amount of EUR 1.2 million. Moreover, an earn-out structure with the purchaser was agreed, so that Heliad continues to participate in the future potential of the company.

The investment was a portfolio company of TIG Themis Industries Group GmbH & Co. KGaA that was focused on restructuring and merged with Heliad in 2010. Restructuring activities no longer belong to the core activities of Heliad. By selling this investment, Heliad has further boosted its liquidity for new acquisitions, while also sharpening the focus of its portfolio.

In addition, we are informed that with effect from 31 May 2011 Mr. David Zimmer, CEO of Altira AG, was appointed by the court to the Supervisory Board of Heliad. Thus, following the change of Andreas Lange to the management of Heliad, beside Prof. Hans-Olaf Henkel and Mr. Volker Rofalski the Board consists now again of three members.


About Heliad

Heliad is an investment company that invests in high-growth companies mainly in German-speaking countries. In this, Heliad focuses on markets with long-term growth potential. Characteristic of Heliad's investment strategy is the way it closely accompanies entrepreneurially-minded portfolio companies by providing active support in terms of their strategy and operations. Further information about Heliad can be found at www.heliad.com.

Contact
Heliad Equity Partners GmbH & Co. KGaA
Grüneburgweg 18
D - 60322 Frankfurt am Main

Investor Relations
Melanie Büsing
Finance Director
Tel.: +49 (0)69 71 91 59 65 0
E-mail: investor-relations@heliad.com

Press
edicto GmbH
Axel Mühlhaus
T +49 (0)69. 90 55 05 52
amuehlhaus@edicto.de



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127579  06.06.2011