ARQUES Industries AG / Disposal
06.03.2009
Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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ARQUES sells provider for gas stations, Rohé
* Exit after first restructuring phase
* Announcement of preliminary figures for fiscal year 2008 planned for
March 12
Starnberg, March 06, 2009 - ARQUES Industries AG (ISIN DE0005156004),
Starnberg (Germany), has sold its subsidiary Rohé, Vienna (Austria). The
buyer is the private equity company ValueNet Capital Partners, Munich, who
will continue the restructuring of Rohé with the current management. ARQUES
acquired the Rohé group in October 2007. Both sides are bound to secrecy
concerning further details of the transaction. Securing the financing and
the jobs will be essentially for further restructuring measures at Rohé.
Through this exit ARQUES will have to account for extraordinary
depreciation in the low single-digit range in its annual figures for
financial year 2008.
The internationally-active Rohé Group (Turnover 2008: approximately EUR 110
mill.) specializes in services for gas stations. Within the restructuring
of Rohé, ARQUES amongst others optimized the internal processes of the
regional companies, installed a Group-wide IT system and forced the
expansion into the regional growing markets in Eastern Europe.
ARQUES announces, to publish preliminary figures for fiscal year 2008 on
March 12.
About ARQUES
ARQUES Industries AG, Starnberg (www.arques.de), is a partner for major
corporations in corporate spin-offs and a turnaround specialist
concentrating on the acquisition and active restructuring of companies in
crisis situations in order to turn them into competitive and profitable
companies with a dedicated team and their own efforts. ARQUES revitalizes
its subsidiaries' potential for adding value for the benefit of all of
their stakeholders under consideration of the associated social
responsibility. The shares of ARQUES Industries AG are traded on the
Frankfurt Stock Exchange's Regulated Market (Prime Standard) under the
symbol 'AQU' (ISIN: DE0005156004) and have been listed in the
SDAX.
ARQUES Industries AG
Corporate Communication
Christian Schneider
Email: schneider@arques.de
Tel.: +49 (0) 8151/ 651 0
DGAP 06.03.2009
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Language: English
Issuer: ARQUES Industries AG
Münchner Str. 15a
82319 Starnberg
Deutschland
Phone: +49 (0)8151 651-0
Fax: +49 (0)8151 651- 500
E-mail: schneider@arques.de
Internet: www.arques.de
ISIN: DE0005156004
WKN: 515600
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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DGAP-News: ARQUES sells provider for gas stations, Rohé
| Source: EQS Group AG