TIG Themis Industries Group GmbH & Co. KGaA
TIG Themis Industries Group, together with a restructuring partner, acquires 100% of the insolvent creative agency i-d media AG in an asset deal
TIG Themis Industries Group GmbH & Co. KGaA / Acquisition Release of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- TIG Themis Industries Group GmbH & Co. KGaA together with Frankfurt CapitalPartners (FCP) AG signed a purchase agreement today to acquire 100% of the Berlin-based creative agency i-d media AG and its subsidiaries via an asset deal. TIG directly holds 49% of the acquired company. The purchase price TIG will pay is a low six-digit amount. The transaction is scheduled to close on 14 August 2009. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: 'By purchasing the i-d media AG assets from the insolvency, we are acquiring a company with a good reputation and an established business model. We believe this company has significant restructuring potential and that there are clear opportunities for improving its profitability over the coming quarters. The corporate structure will be streamlined. The company will primarily position itself as more customer-oriented. In recent weeks, new sales-relevant customer relationships have already been established. We are expecting a turnaround at year-end. With Frankfurt CapitalPartners (FCP) AG, our operational partner, we have an experienced restructurer and investor by our side,' stated Christoph D. Kauter, CEO of Themis Industries Group. Contact: TIG Themis Industries Group GmbH & Co. KGaA Ulf Boenicke Head of Investor Relations Tel: +49 69 71 91 59 65 39 investor-relations@themis-industries.de 31.07.2009 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: TIG Themis Industries Group GmbH & Co. KGaA Grüneburgweg 18 60322 Frankfurt am Main Deutschland Phone: 069 - 71 91 59 65 - 0 Fax: 069 - 71 91 59 65 - 11 E-mail: info@themis-industries.de Internet: http://www.themis-industries.de ISIN: DE000A0XYL04 WKN: A0XYL0 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
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