MCC Global N.V.
MCC Global NV Announces Expanded Hospitality Group Drives New Business
MCC Global N.V. / Miscellaneous Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- MCC Global NV Announces Expanded Hospitality Group Drives New Business MCC Global NV ('MCC' or the 'Company') (FRANKFURT: IFQ2), the global private equity investment and advisory company, today announced the repositioning of its Hospitality business as the MCC Hospitality and Lifestyle Group (MCCHLG). The broader focus of this business has resulted in significant expansion opportunities for MCC’s hospitality and real estate teams into international, mixed-use developments that focus on lifestyle communities. This is a growth market across the globe backed by large institutions and ultra high-net-worth individuals mostly from emerging markets that have not been impacted by the current residential real estate crisis in the United States. Enhancing the MCCHLG subsidiary of MCC Global has utilized the team’s industry expertise and operations knowledge in real estate, hotels, food & beverage, nightlife/entertainment and sports and leisure to design, create and develop turn-key hospitality and lifestyle solutions for the growing, global marketplace. MCCHLG specializes in the development of new brands as well as the repositioning of traditional, high-end brands into the hospitality industry. MCCHLG also continues to deliver the full services of its parent company, MCC Global, to client companies with a complete business solution designed to accelerate value through its strategic and financial advisory and investment offering. MCC Global began the expansion of the MCCHLG business in March 2008, and has recently signed agreements with The Dawson Company (TDC) and Carter Real Estate (CRE), both headquartered in Atlanta, Georgia, USA, to work in partnership to enhance the value of two mixed-use developments in the southeastern U.S. MCCHLG has been specifically been engaged by TDC/CRE to create the master business plans for the hospitality and lifestyle components of two important developments in Atlanta and Cincinnati. These large, mixed-use developments include branded hotel, food & beverage, nightlife, entertainment, and sports & leisure elements which MCCHLG is responsible for master planning and subsequently executing on acceptance by TDC/CRE of the plans. In addition to numerous U.S. mixed-use development opportunities provided by the residential real estate crisis, MCCHLG is currently in negotiations with potential clients in Dubai, Belize, the Bahamas, Mexico and West Africa to plan and develop large mixed-use lifestyle communities with investors from these emerging markets. The MCCHLG team has implemented a detailed strategic plan to execute on these deals as they are signed. The growth of the hospitality and lifestyle industry across the globe translates into a renewed opportunity for MCCHLG to become a stronger, ongoing revenue source for MCC Global that capitalizes on the parent company’s diverse range of skill sets. Sharon Clayton, Chairman of the Management Board ,MCC Global NV, commented, 'The expansion of our hospitality group is the first in a series of initiatives focused on meeting the needs of global emerging markets. This is not a new strategy for MCC Global as our corporate philosophy has always been about staying ahead of the market in industries where we have expertise and by operating with fluidity and flexibility and remaining cognizant of the ever-changing global economy. 'The projects that MCCHLG currently have in negotiation are well-known in international circles in the hospitality industry and will serve to enhance overall economic diversification in many emerging markets. I am working closely with the MCCHLG team to ensure that our focus is on deals that enhance our profile as a company which is known for creating and executing high-quality, profitable hospitality and lifestyle solutions on a global scale. This strategy will build additional credibility for MCCHLG and enhance overall value for MCC Global.' About MCC Global MCC Global NV is a global private equity investment and advisory company specializing in providing strategic and financial advisory and investment services to emerging and established companies in specific industry sectors such as healthcare, energy renewables, media, real estate, and hospitality and lifestyle. MCC Global NV (www.mccglobal.com) is listed on the Frankfurt Stock Exchange Geregelter Markt (General Standard), ticker IFQ2. This press release may contain certain forward-looking statements regarding future circumstances. These forward-looking statements are based upon current expectations and assumptions of MCC Global N.V. (the 'Company') and are subject to various risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements including, in particular, the risks and uncertainties described in the Company’s most recently filed prospectus and other public filings. Actual results, events, and performance may differ. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as to the date hereof. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. The inclusion of any statement in this release does not constitute an admission by the Company or any other person that the events or circumstances described in such statements are material. Enquiries: MCC Global Dana Smith, Investor Relations Email: ir@mccglobal.com 23.07.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: MCC Global N.V. Keizersgracht 62-64 1015 CS Amsterdam Niederlande Phone: +31 20 520 6826 Fax: +31 20 520 7510 E-mail: ir@mccglobal.com Internet: http://www.mccglobal.com ISIN: NL0000687705 WKN: A0LFAF Listed: Regulierter Markt in Frankfurt; Freiverkehr in Berlin, Stuttgart, Düsseldorf End of News DGAP News-Service ---------------------------------------------------------------------------
Aktuelle News
Aktuelle Berichte
Keine Berichte gefunden
Anstehende Events
Keine Events gefunden
Webcasts
Keine Webcasts gefunden