Maxdata AG
MAXDATA: no takeover of Yakumo
Ad hoc announcement transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Marl, Germany, 11 December 2006. The computer manufacturer MAXDATA AG
(ISIN: DE0006581309; German securities code – WKN: 658 130) is not set to
acquire the trading company Yakumo GmbH and the brand of the same name.
This resolution was passed by the Management Board today. An extensive
review revealed that the acquisition of Yakumo would not lead to the
expected synergy effects. In addition, a takeover at the current point in
time would result in the tying up of extensive resources.
On 10 October 2006, MAXDATA announced the planned takeover of Yakumo in an
ad-hoc notification, which has been issued in the same manner. Yakumo GmbH
headquartered in Braunschweig, Germany, markets and sells PCs, laptops, TFT
monitors and consumer electronic products. Yakumo is owned by Adam Riesig
GmbH.
MAXDATA had initiated a comprehensive restructuring programme in March
2006. This foresees, among other things, personnel cuts which have already
been implemented and the further optimisation of sales and purchasing
structures. This should result in savings totalling EUR 30 million a year –
the full effect of the restructuring programme is expected to make itself
felt from 2007.
For further information:
MAXDATA AG, Investor Relations, Elbestrasse 12-16, D-45768 Marl, Germany
phone: +49 (0)2365 952-2122
fax: +49 (0)2365 952-2125
email: ir@maxdata.com
Engel & Zimmermann AG,
Hermann Zimmermann / Claudia Carl
Am Schlosspark 15, 82131 Gauting, Germany
phone: +49 (0)89 89 35 63-3
fax: +49 (0)89 89 39 84 29
email: info@engel-zimmermann.de
(c)DGAP 11.12.2006
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Language: English
Issuer: MAXDATA AG
Elbestraße 16
45768 Marl Deutschland
Phone: +49 (0)2365 952-2122
Fax: +49 (0)2365 952-2125
E-mail: ir@maxdata.de
WWW: www.maxdata.de
ISIN: DE0006581309
WKN: 658130
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Hannover, Stuttgart, München, Hamburg,
Düsseldorf
End of News DGAP News-Service
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