Heliad Equity Partners GmbH & Co. KGaA: Successful disposal of majority stake in R. Häsler AG, Switzerland ++ Transaction set to generate cash-effective income in 2011


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

16.12.2011 / 16:09


Heliad Equity Partners GmbH & Co. KGaA ('Heliad') has sold its majority stake in R. Häsler AG, Switzerland ('Häsler') on the basis of a sale and purchase agreement dated 16 December 2011 and effective as of today.

Heliad's shares in Häsler have been taken over within a management buyout by the existing management team together with a group of investors from Switzerland. The parties to the deal have agreed to maintain confidentiality concerning the purchase price.

Together with the management team, Heliad acquired Häsler from its former owner Roland Häsler as part of a succession solution in December 2009. Over the past two years, Heliad supported Häsler in the transformation from an owner-managed business into an institutionalized company with local roots. The company reported increased sales and earnings in each of the past two financial years, whereas growth was driven both organically as well as through selected add-on acquisitions.

The purchase price is substantially higher than the company's current net asset value. The profit will be realized in Heliad's financial statements for the fourth quarter of 2011 and will improve further liquidity on the holding level of Heliad.

Heliad thanks the management team for the good cooperation and wishes the company a successful future under its new ownership.


About Heliad
Heliad is an investment company that supports companies in growth and change phases
as Equity Partner. Special criteria of the investment strategy are the active support of investment companies and the ability to implement appropriate individual financing solutions. Thus Heliad invests in listed and unlisted companies and can invest in majority and minority interests. Further information about Heliad can be found at: www.heliad.com.

About R. Häsler AG
R. Häsler AG is the leading heating installation service provider in the fast-growing region of North-Western Switzerland (Basle/Fricktal region). With outlets in Frick, Möhlin, Rheinfelden, Pratteln, Aesch and Riehen and more than 100 employees, R. Häsler AG generated sales of around CHF 26.0 million. More information about Häsler can be found at: www.haesler-ag.ch.



Contact:
Heliad Equity Partners GmbH & Co. KGaA
Andreas Lange
Managing Director
Phone: +49 69 71 91 59 65 0
E-mail: investor-relations@heliad.com



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