Garant Schuh + Mode AG
Garant Schuh + Mode AG english
GARANTSCHUH+MODE AG planning to acquire a holding in Salamander AG shoe division
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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GARANTSCHUH+MODE AG planning to acquire a holding in Salamander AG shoe division
GARANT SCHUH + MODE AG, Europe’s leading group of independent shoe and leather
goods retailers, is planning to acquire a majority holding in the shoe division
of Salamander AG. Primarily this involves 230 specialist shoe stores, the rights
of the brand SALAMANDER and the children’s shoe brand LURCHI for the shoe
division, as well as a modern manufacturing plant in Martfü/Hungary. The
restructuring program for the shoe division, recently adopted by Salamander AG,
will be implemented by the board of Salamander AG (closure of several production
sites and economically unviable branch stores).
end of ad-hoc-announcement (c)DGAP 07.02.2003
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WKN: 585303; ISIN: DE0005853030; Index: SDAX
Listed: Amtlicher Markt in Düsseldorf und Frankfurt (Prime Standard) ,
Freiverkehr in Bremen, München und Stuttgart
072031 Feb 03
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