As of today, the announced segment change of CFC Industriebeteiligungen AG to the Entry Standard of the Frankfurt Stock Exchange has been realized. Contact: CFC Industriebeteiligungen AG Westfalendamm 9 D-44141 Dortmund Ingo Wurzer Director Finance Tel: + 49 (0) 231 222 40 527 E-Mail: iw@cfc.eu.com
Segment change from General Standard to Entry Standard to be realized by December 28, 2009 Today the conversion of CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6) into a stock corporation (AG) was entered in the commercial register, Dortmund. Marcus Linnepe has been appointed sole member of the Board of Directors of CFC Industriebeteiligungen AG. Following the conversion into…
Focusing on core segments Home & Living and Electronics completed Nine-month sales 12 percent below prior-year result due to economic crisis EBITDA at EUR -1.3 million Positive developments in 4th quarter Elcon’s performance clearly ahead of schedule Berndes opens complementary business area “Cutlery” and forges cooperation with European cookware manufacturer CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6),…
All resolution proposals approved by large majority Reorganization of legal form and authorized capital lay the foundations for the next growth steps Today’s Extraordinary General Meeting of CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6) has approved all agenda items by large majority. The central item on the agenda was the proposal for approval of the company’s conversion into…
CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6) can already report a number of additional successes shortly after deciding to concentrate on the core areas of Electronics and Home & Living. Its affiliate Berndes has won an important major project in the cutlery area, thereby ensuring its future growth. Cutlery is a new business area for Berndes, and sales for this initial…
CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6) has completed its effort to focus entirely on its core segments Electronics and Home & Living with companies Berndes, Elcon, and Letron as announced by the ad hoc of July 16, 2009. As a final step, ladies’ apparel manufacturer Rosner was sold to HIC Investitionen und Consulting GmbH, Kerpen, effective today. Confidentiality has been agreed…
Dortmund, October 8, 2009 – The management of CFC Industriebeteiligungen GmbH & Co. KGaA (hereinafter referred to as “CFC” or “the company”) (ISIN: DE000A0LBKW6) resolved today, with the Supervisory Board’s consent, to convene an Extraordinary General Meeting on November 20, 2009 for the decision on the reorganization of CFC in the legal form of an stock corporation. As a consequence…
CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, has sold effectively September 30, 2009 its 45.9% stake in Format‐Küchen GmbH & Co. KG, Haiger, to HIC Investitionen und Consulting GmbH, Kerpen. The parties have agreed to maintain confidentiality on the purchase price. CFC Industriebeteiligungen expects no financial impact from this transaction. Format‐Küchen was sold because its business was…
Group sales of EUR 23.3 million Group result of EUR – 35.3 million determined by extensive valuation adjustments in the segment “Fashion” Change decided from regulated market to Entry Standard of Frankfurt Stock Exchange CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, released the interim report on the second quarter 2009 today. The CFC Group generated sales…
CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, has sold its 43.3% equity interest, receivables and loans in delmod-International GmbH & Co. KG, Delmenhorst (including the Hirsch and Dinomoda brands), to an affiliate of Hanse Industriekapital – Beteiligungs GmbH, Hamburg. The parties have agreed to maintain confidentiality on the purchase price. CFC previously noted the loss expected in the event…
With unanimous approval from the Supervisory Board, the management of CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, has opted to concentrate on its core areas of Electronics and Home & Living. For the Fashion business segment, various options are currently being reviewed relating to CFC’s individual holdings in the area (delmod‐international, Hirsch and Rosner). For delmod in particular, a…
Management team expanded to include Stephan Möller in the Integration & Development area Steven K. N. Wilkinson and Clemens Reif join Supervisory Board CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, today announced personnel changes in its management team and Supervisory Board. Mr. Stephan Möller has been appointed the new Managing Director of the General Partner, Altira CFC Management…
All proposals approved with large majority of votes Change on the Supervisory Board Today CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, held its Annual General Meeting in Dortmund. All items on the agenda – among them the authorization for the purchase of own shares – were approved by the stockholders with a large majority of the votes. …
Group sales amount to EUR 44.9 million Positive result from operations despite the challenging economic environment Positive income from sale of interest in subsidiary Berndes Today CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, released the interim report on the first quarter 2009. In the first three months of the fiscal year, CFC achieved group sales of roughly…
Increase in group sales to EUR 138.3 million Result from operations significantly improved against 2007 Today CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, released the annual report 2008 and presented the audited consolidated financial statements (IFRS) for the past fiscal year. The business results are slightly higher than announced with the presentation of preliminary figures on…
Secondary investor Greenpark exercises call option to take over 34.3 percent of pan manufacturer Berndes Realization of added value strategy for operations remains with CFC CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, announces further cash inflow for the past first quarter 2009 from last year’s transaction with Greenpark Funds, Guernsey, specialising in secondary investments, i.e. investments in existing portfolios, and advised by Greenpark Capital Ltd., London. In August 2008, 49 percent of CFC’s then‐investment portfolio were sold to these funds for…
Group sales doubled to EUR 138 million EBITDA grows to roughly EUR 18.9 million Positive development of investment portfolio despite difficult market environment CFC Industriebeteiligungen GmbH & Co. KGaA (ISIN: DE000A0LBKW6), Dortmund, more than doubled group sales compared to the previous year, according to preliminary unaudited financial figures, to roughly EUR 138 million in the…