DGAP-News: TAKKT acquires leading multi-channel direct marketing company for packaging solutions Ratioform

DGAP-News: TAKKT AG / Key word(s): Acquisition
TAKKT acquires leading multi-channel direct marketing company for
packaging solutions Ratioform

02.06.2012 / 08:30

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P R E S S   R E L E A S E

TAKKT acquires leading multi-channel direct marketing company for packaging
solutions Ratioform
Further diversification of product portfolio

Stuttgart, Germany, 02 June 2012. Today, TAKKT AG has signed a contract to
acquire Ratioform Holding GmbH, headquartered in Pliening, Germany. The
purchase price amounts to around EUR 210 million on a debt free basis. By
acquiring the B2B direct marketing company for packaging solutions, TAKKT
strengthens its European portfolio. In 2011, Ratioform generated a pro
forma turnover of EUR 83 million and a pro forma EBITDA of EUR 22.6
million.

Ratioform is the leading B2B direct marketing company within the
distribution market for transport packaging in Germany, where 75 percent of
its sales is generated. In addition, Ratioform is active in five other
European countries. Among others, the increasing importance of e-commerce
business is a main driver for the growing demand for transport packaging.
The acquisition is an ideal addition for TAKKT. 'With Ratioform we acquire
a dynamically growing company with management excellence. At the same time,
we extend our product spectrum noticeably,' commented Dr Felix A.
Zimmermann. The new company will form an independent third group within the
TAKKT EUROPE division.

Ratioform offers a range of more than 5,000 products from the areas
warehouse and shipping. The products are almost exclusively available from
stock. Ratioform sells its quality product range via a multi-channel
approach mainly to B2B customers in different industries.  With a high
availability of its stock resulting in a fast supply of its customers
Ratioform ensures an elevated level of service.

A purchase price of around EUR 210 million on a debt free basis was agreed
on for acquiring the entire interest in Ratioform Holding GmbH. The current
management will remain responsible for management after the transaction has
been closed. Michael Vollmer, Managing Director of Ratioform: 'Due to the
various similarities in our business models we have set the perfect basis
for further growth in Europe with this partnership.'

TAKKT funds the acquisition with acquisition credits agreed on short notice
as well as already existing long-term credit lines. Even after closing the
transaction, TAKKT will still have a solid balance sheet structure with an
equity ratio of more than 30 percent. 'With the acquisition of Ratioform,
TAKKT remains true to its long-term growth strategy and keeps a firm eye on
the financial solidity,' said Dr Claude Tomaszewski.

Conference call
We invite you to directly address the Management Board with your questions.
We will be hosting a conference call for this purpose at 09:00 a.m. (CEST)
and at 03:00 p.m. on 04 June 2012, during which we will be open to
questions. To take part, please dial the following number: +49 69
201744-295 (access code: 779134#).

For interim questions:
Dr Felix A. Zimmermann, CEO   Tel. +49 711 3465-8201
Dr Claude Tomaszewski, CFO    Tel. +49 711 3465-8207

Email: investor@takkt.de

Company calendar
The figures for the first half-year of 2012 will be published on 31 July
2012.

Short profile of TAKKT AG
TAKKT is the leading B2B direct marketing specialist for business equipment
in Europe and North America. The Group is represented with its brands in
more than 25 countries. The product range of the TAKKT subsidiaries
comprises some 175,000 products for the areas of business and warehouse
equipment, classic and design-oriented office furniture and accessories,
and supplies for retailers, the food service industry and the hotel market.

TAKKT Group employs some 1,900 staff, has around three million customers
worldwide and distributes more than 45 million catalogues and mailings per
year.

TAKKT AG is listed on the SDAX and was admitted to Deutsche Boerse's Prime
Standard on 01 January 2003.



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Language:    English                                                      
Company:     TAKKT AG                                                     
             Presselstr. 12                                               
             70191 Stuttgart                                              
             Germany                                                      
Phone:       +49 (0)711 346 58 -0                                         
Fax:         +49 (0)711 346 58 - 10                                       
E-mail:      investor@takkt.de                                            
Internet:    www.takkt.de                                                 
ISIN:        DE0007446007                                                 
WKN:         744600                                                       
Indices:     SDAX                                                         
Listed:      Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;  
             Freiverkehr in Berlin, Düsseldorf, München                   
 
 
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