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Deufol SE Johannes-Gutenberg-Str. 3-5 65719 Hofheim am Taunus, Germany http://www.deufol.com
Contact Rainer Monetha +49 6122 501238
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Deufol SE

Acquisition of the 45% minority interest in Deufol Tailleur group executed

(PresseBox) (Hofheim am Taunus, )
With the payment of €18 million on June 29, 2007, the contract of purchase for the 45% minority interests in Deufol Tailleur GmbH effective June 30, 2007, was exe-cuted. The remaining purchase price of €5 million is to be paid within three tranches until mid 2010.

The financing was carried out primarily by bank loans, this will lead to an additional interest expense of around €0.6 million in the current year. Since the purchase in-cludes the entitlement to profits starting at January 1, 2007, significant profits which were attributable to minority interests, will from now on be attributable to the
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.