S&E Kapital GmbH to initiate sale process for its majority stake in Adler Modemärkte AG

Dow Jones received a payment from EQS/DGAP to publish this press release.

DGAP-Media / 2018-06-08 / 18:02 
 
Munich, June 8, 2018 - S&E Kapital GmbH, owner of 52.8 percent of Adler 
Modemärkte AG (ISIN DE000A1H8MU2, WKN A1H8MU), is considering a disposal of 
its shareholding in the company. For this purpose, it is planned to initiate 
a structured M&A process with the goal of placing the complete 52.8 percent 
stake with a new, long-term oriented investor. 
 
S&E Kapital GmbH has issued the following statement in relation to the 
transaction: 
"Adler Modemärkte AG has a strong management team and has communicated with 
its 'Strategy 2020' a clear action plan for repositioning the company with a 
view of unlocking its full potential. In this context, the Executive Board 
of Adler Modemärkte AG is targeting a step change in EBITDA by 2020. With 
this positive outlook, now is an ideal time to place our shares with a new 
investor who is committed to supporting the company and its management team 
in the implementation of this strategy and beyond. We will engage in talks 
with selected strategic and financial investors." 
 
S&E Kapital GmbH is advised by Rothschild & Co (M&A) and Hengeler Mueller 
(legal). 
 
*About S&E Kapital GmbH* 
S&E Kapital is a joint venture of Steilmann SE and Excalibur that was 
founded in 2013 to become the majority shareholder of Adler Modemärkte AG. 
It currently holds 52.8 percent of the shares in Adler Modemärkte AG. 
 
*Press contact S&E Kapital GmbH* 
Charles Barker Corporate Communications GmbH 
Tobias Eberle / Kornelia Spodzieja 
[e-mail] / [e-mail] 
[phone] / [phone] 
Mobile: [phone] 
 
End of Media Release 
 
Issuer: S&E Kapital GmbH 
Key word(s): Finance 
 
2018-06-08 Dissemination of a Press Release, transmitted by DGAP - a service 
of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
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Archive at www.dgap.de 
693945 2018-06-08 
 
 

(END) Dow Jones Newswires

June 08, 2018 12:02 ET (16:02 GMT)