EANS-Adhoc: Valora Holding AG / Valora Retail to double the size of its outlet network in Germany

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Valora Retail to double the size of its outlet network in Germany

01.07.2010

Valora Retail to double the size of its outlet network in Germany
- Expansion of non-travel retail market presence
- Focus on core markets maintained

With effect from October 1, 2010, Valora Retail will acquire tabacon
Franchise GmbH & Co. KG, one of Germany´s leading tobacco product
retailers, with a network of some 180 outlets. This will boost Valora
Retail´s German outlet network to 380 units, making the division
Germany´s second-largest small outlet retailer. The newly acquired
units, which cover the whole of Germany, are mostly located in front
of the checkout counters of large-scale retail sites (Kaufland,
Metro, Rewe) and in shopping centres. The majority of the new outlets
are operated on a franchise basis.

Expanded market presence and platform for non-travel retail growth

The acquisition of tabacon Franchise GmbH & Co. KG will raise the
number of Valora Retail´s non-travel retail outlets in Germany to
202, thus strengthening the division´s presence in city-centre
locations. By integrating the staff currently working in the new
outlets, Valora is also acquiring an established, smoothly running
franchise model, thus opening up major opportunities in the
non-travel retail sector. Synergies in product ranges, costs and,
most notably, purchasing further enhance the potential of this
acquisition. The new outlets will continue to be supplied by
Presse-Grosso, Germany´s press wholesaling association.

Focus on core markets maintained

Currently, Valora Retail operates 200 outlets in Germany, with 2009
sales of CHF 300 million. With its 178 travel retail units located at
German railway stations and airports, Valora is already Germany´s
market leader in railway station bookselling. Based on the franchise
model operating at the newly acquired sites, Valora expects
commission fees to increase its revenues significantly. Subject to
approval by the Bundeskartellamt, Germany´s independent competition
authority, Valora will, with effect from October 1, 2010, operate a
total of some 380 small outlet retail units in Germany. In tabacon
Franchise GmbH & Co. KG, Valora is acquiring a company in robust
health, with further development potential. The move is commensurate
with Valora´s strategic objectives. In the words of Thomas
Vollmoeller, the Valora Group´s CEO, "This investment strengthens our
position in small outlet retail and creates a good basis for further
growth in our core business areas."

*** tabacon Franchise GmbH & Co. KG tabacon Franchise GmbH & Co. KG,
owned by tabacon Holding, is one of Germany´s leading tobacco product
retailers and pioneered the franchise concept in this market segment.
tabacon Holding, which is among Germany´s largest tobacco products
wholesalers, will now increasingly focus on its wholesaling
activities. ***

end of announcement euro adhoc
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ots Originaltext: Valora Holding AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Investor Relations: Tel: +41 58 789 12 20

Mladen Tomic E-mail: mladen.tomic@valora.com

Media Relations: Tel: +41 58 789 12 01

Stefania Misteli E-mail: stefania.misteli@valora.com

Branche: Retail
ISIN: CH0002088976
WKN: 208897
Börsen: SIX Swiss Exchange / official market
BX Berne eXchange / official dealing