EANS-News: Valora Holding AG / Valora completes its acquisition of the Ditsch/Brezelkönig group of companies

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Company Information

Muttenz (euro adhoc) - Valora's acquisition of Ditsch/Brezelkönig
provides the Group with an additional retail format commanding a
leading position in the German and Swiss markets - Potential for
additional international expansion - Transaction further enhances
Valora's retail profile, extending the Group's outlet portfolio to
more than 3,000 units in four countries and sustainably raising its
profitability levels

Valora's acquisition of Ditsch/Brezelkönig provides the Group with an
additional retail format commanding a leading position in the German
and Swiss markets

Valora successfully completed its acquisition of Brezelbäckerei
Ditsch GmbH and Brezelkönig GmbH & Co KG as of October 31, 2012. As a
result, the Group has both expanded its portfolio of small-outlet
retail formats and further strengthened its position in the Swiss and
German markets. Ditsch/Brezelkönig's integrated business model -
encompassing the production and distribution of baked lye-bread
specialities - as well as its outstanding network of outlets operated
on an agency basis, provide Valora with excellent access to the
attractive and rapidly expanding market for immediate-consumption
food products.

Potential for additional international expansion

The 230 Ditsch/Brezelkönig outlets Valora has acquired are well known
in both countries. Most are located at public transport hubs
generating strong sales volumes. The synergies between the new format
and Valora's existing outlet portfolio are multi-faceted and the two
complement each other very well. The acquisition also provides Valora
with significant scope for efficiency gains. Ditsch/Brezelkönig's
concentrated focus on lye-bread products and its lean, efficient
production techniques are attractive both to Valora's own retail
operations and to specialist third-party retailers, as well as
creating the potential for additional international expansion.

Transaction further enhances Valora's retail profile, extending the
Group's outlet portfolio to more than 3,000 units in four countries
and sustainably raising its profitability levels

The Ditsch/ Brezelkönig acquisition underscores Valora's intention of
further enhancing its retail profile. The more than 3,000
small-outlet retail units the Group now operates in four national
markets, and the ideal modular congruence between them, should enable
Valora to achieve sustainable profitability gains. Peter Ditsch, the
prior owner and Managing Partner of Brezelbäckerei Ditsch, will now
switch from operational to strategic leadership duties, as well as
becoming a major anchor shareholder in Valora. This move on Peter
Ditsch's part demonstrates his conviction of the merit of this
transaction as well as his desire to make a long-term commitment to
the Valora Group. Overall management responsibility for the
Ditsch/Brezelkönig business area will now be assumed by Thomas
Eisele, who has hitherto headed up the Group's business development
unit and has many years of M&A and management experience in addition
to his substantial retail expertise. Ditsch/Brezelkönig's entire
management team will remain with the company, thus ensuring that
critical know how remains in house.

Further inquiry note:
Investor Relations:
Mladen Tomic
Tel.: +41 58 789 12 20
E-Mail: mladen.tomic@valora.com

oder

Media Relations:
Stefania Misteli
Tel.: +41 58 789 12 01
E-Mail: stefania.misteli@valora.com

end of announcement euro adhoc
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company: Valora Holding AG
Hofackerstrasse 40
CH-4132 Muttenz
phone: +41 61 467 20 20
FAX: +41 58 789 12 12
mail: info@valora.com
WWW: www.valora.com
sector: Retail
ISIN: CH0002088976
indexes:
stockmarkets: Main Standard: SIX Swiss Exchange, stock market: BX Berne eXchange
language: English