DGAP-Adhoc: Garfunkelux Holdco 3 S.A.: GFKL acquires Tesch

Garfunkelux Holdco 3 S.A.  / Key word(s): Mergers & Acquisitions/Acquisition

12.08.2016 09:00

Disclosure of an inside information according to Article 17 MAR,
transmitted by EQS - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Luxembourg, 12 August 2016

Ad Hoc Announcement

On Behalf of Garfunkelux HoldCo 2 S.A. and Garfunkelux HoldCo 3 S.A.

THIS DOCUMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN
INVITATION OR OFFER TO ACQUIRE, PURCHASE OR SUBSCRIBE FOR SECURITIES. ANY
OFFER OF SECURITIES MAY BE PROHIBITED OR RESTRICTED IN VARIOUS
JURISDICTIONS INCLUDING THE UNITED STATES, THE EUROPEAN ECONOMIC AREA AND
THE UK.

GFKL acquires Tesch Inkasso Group

GFKL Financial Services GmbH, a wholly owned subsidiary of Garfunkelux
Holdco 2 and 3 S.A. (GFKL Lowell Group), announced today that it has signed
a purchase agreement with Avedon Capital Partners and the other existing
shareholders to acquire DC Holding GmbH, the holding company of the Tesch
Inkasso Group for an Enterprise Value of EUR150 million. The transaction is
expected to deliver a range of synergies and strengthen the Group's
position in a core market.

Closing is subject to approvals.

For more information visit http://investors.garfunkelux.com

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12.08.2016 The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language:     English
Company:      Garfunkelux Holdco 3 S.A.
              488, route de Longwy
              L-1940 Luxembourg
              Grand Duchy of Luxembourg
Phone:        
Fax:          
E-mail:       mar@garfunkelux.com
Internet:     www.investors.garfunkelux.com
ISIN:         XS1263891910, XS1308300059, XS1263892561, XS1308301024
WKN:          A1Z4L5
Listed:       Luxemburg
 
End of Announcement                             EQS News-Service
 
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DGAP-Adhoc: Garfunkelux Holdco 3 S.A.: GFKL acquires Tesch Inkasso Group
